AMRO revises up S. Korean economy's growth projection this year to 3.3 pct

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SEOUL, Oct. 5 (Yonhap) -- An economic surveillance organization in Asia on Monday projected South Korea's economy will expand 3.3 percent this year, revising up its previous forecast of 3.1 percent.

The ASEAN+3 Macroeconomic Research Office (AMRO) made the assessment in its quarterly update report, without further elaborating on the reasons for the revision from its July forecast.

For 2027, the organization expected Asia's No. 4 economy to grow 2.7 percent, compared with its previous estimate of 2.2 percent.

Touching on inflation, the agency expected consumer prices to rise 2.7 percent on-year in 2026, compared with its previous forecast of 2.6 percent. For 2027, the inflation forecast was revised down from 2.4 percent to 2.3 percent.

Last month, the Organization for Economic Cooperation and Development (OECD) raised its 2026 economic growth forecast for South Korea to 3.7 percent, citing the country's robust exports.

The Paris-based organization's prediction marks a 1.1 percentage-point increase from the 2.6 percent forecast in its June report.

The OECD said strong exports and rising production would drive South Korea's economic growth this year, while a gradual recovery in consumption would continue next year.

In September, the Asian Development Bank (ADB) also raised its 2026 economic growth forecast for South Korea to 3.2 percent from the 2.6 percent projected in July, citing strong exports and corporate earnings amid the artificial intelligence (AI) boom.

AMRO, meanwhile, noted that a slowdown in AI-related demand could weigh on exports and investment activities in the region.

Rising energy, transportation and production costs in the aftermath of the Middle East crisis could also add to inflationary pressures, while climate change could lead to higher food prices, it added.

Other structural challenges for the Asian region include fragmentation and an aging population, the report said.

This illustration depicts different areas of the South Korean economy. (Yonhap)

colin@yna.co.kr (END)

AMRO revises up S. Korean economy's growth projection this year to 3.3 pct

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首尔，10月5日（韩联社）——亚洲一家经济监测机构周一预测，韩国经济今年将增长3.3%，上调了此前3.1%的预测。

东盟与中日韩宏观经济研究办公室（AMRO）在其季度更新报告中作出了这一评估，但并未进一步详细说明其7月份预测值下调的原因。

该组织预计，到 2027 年，亚洲第四大经济体将增长 2.7%，高于此前预测的 2.2%。

关于通胀，该机构预计2026年消费者价格指数将同比上涨2.7%，高于此前预测的2.6%。对于2027年，通胀预测值从2.4%下调至2.3%。

上个月，经济合作与发展组织（OECD）将韩国2026年的经济增长预期上调至3.7%，理由是该国出口强劲。

这家总部位于巴黎的机构的预测比其 6 月份报告中 2.6% 的预测值提高了 1.1 个百分点。

经合组织表示，强劲的出口和不断增长的生产将推动韩国今年的经济增长，而消费的逐步复苏将在明年继续。

9 月，亚洲开发银行 (ADB) 也将韩国 2026 年的经济增长预期从 7 月预测的 2.6% 上调至 3.2%，理由是人工智能 (AI) 的蓬勃发展带动了强劲的出口和企业盈利。

与此同时，AMRO指出，人工智能相关需求的放缓可能会对该地区的出口和投资活动造成压力。

报告还指出，中东危机后能源、运输和生产成本的上升也可能加剧通胀压力，而气候变化可能导致食品价格上涨。

报告指出，亚洲地区面临的其他结构性挑战包括社会碎片化和人口老龄化。

这张图描绘了韩国经济的不同领域。（韩联社）

colin@yna.co.kr (完)

AMRO将韩国今年经济增长预期上调至3.3%。