Major investment banks' average forecast for S. Korea's 2026 growth reaches 3%: data

Major global investment banks' average forecast for South Korea's economic growth this year has reached 3 percent for the first time, data showed Tuesday, supported by robust semiconductor exports amid the artificial intelligence boom.

Growth forecasts for South Korea's real gross domestic product in 2026 by eight major investment banks, including JP Morgan and Citi, averaged 3 percent at the end of June, up 0.2 percentage point from a month earlier, according to data compiled by the Korea Cente ...