Global IBs raise Korea growth outlooks amid 'K-shaped' recovery risks
Major global investment banks (IBs) have upgraded their forecasts for Korea's economic growth, citing a strong semiconductor upcycle, but warned that the economy is showing signs of an uneven "K-shaped recovery," a report by the international finance center said Tuesday. According to a report by the Korea Center for International Finance (KCIF), the median growth forecast by major foreign institutions for 2026 was raised to 2.0 percent in January from 1.8 percent in early November. Goldman Sachs lifted its growth outlook to 1.9 percent from 1.8 percent, while UBS raised its forecast by 0.2 percentage point to 2.2 percent. The upward revisions reflect expectations that the global semiconductor cycle will remain stronger and more resilient than previously anticipated. The investment banks, however, cautioned that the Korean economy has entered a "K-shaped" recovery, characterized by a robust technology sector and a weak non-tech field, the report said. Citi and Goldman Sachs noted that non-tech industries continue to struggle amid U.S. tariff-related shocks and slowing global demand, whileWeiter zum vollständigen Artikel bei Korea Times
Quelle: Korea Times