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<Research>BOCI Expects CN Full-yr GDP Growth at 4.9%
The pressure on exports is evident due to the combination of export acceleration and tariff impacts, BOCI released a research report saying. In addition, the slowdown in broad fisc...
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<Research>BOCI Expects CN Full-yr GDP Growth at 4.9%
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The pressure on exports is evident due to the combination of export acceleration and tariff impacts, BOCI released a research report saying.

In addition, the slowdown in broad fiscal expenditure growth after the government's proactive investment and financing efforts will increase the pressure on economic growth in 2H25. It is expected that 3Q25/ 4Q25 GDP will grow by 4.7%/ 4.3%, with a full-year GDP growth of 4.9%.

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Although actual growth rates are declining, the broad measure of inflation decline is expected to narrow. The broker predicted that, after a YoY decline of 0.1% in 1H25 CPI, it will return to positive growth in 2H25, while the PPI decline will narrow, jointly driving the GDP deflator to recover from -1% in 1H25 to -0.2% in 4Q25.

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