The Korea Development Institute (KDI) said in its monthly economic assessment on
Monday that South Korea’s recovery is broadening, led by semiconductor-related
industries. Exports and equipment investment have maintained strong growth
driven by semiconductors, while durable-goods spending is accelerating overall
consumption. Services remain solid and manufacturing has rebounded, lifting
aggregate industrial production. KDI warned the economy still faces
uncertainties from U.S. tariff policy and ongoing Middle East geopolitical uncertainties
instability, and noted elevated inflation and worsening employment are weighing
on the recovery.
