📊✨ Economic Outlook for the Third Week of February 2025 ✨📊

Hello, everyone interested in economic trends! 😊 Let's take a closer look at this week’s domestic and international economic outlook.

---

🇰🇷 Domestic Economic Outlook

The Korea Development Institute (KDI) has forecasted South Korea's economic growth rate for 2025 at 1.6%. 📉

• This is a 0.4%p downward revision from previous estimates.
• Although domestic demand is expected to improve slightly, the slowdown in export growth remains a key concern.
• The construction sector downturn and sluggish manufacturing growth are notably impacting overall economic growth. 🏗️
• High interest rates and political uncertainty continue to weaken consumer sentiment, leading to ongoing domestic demand challenges. 😟
• With loan interest rates remaining high, construction investment and private consumption are both showing modest growth.

---

🌍 International Economic Outlook

Let's also look at the global economic landscape this week. 🌐

• In the United States, the market was closed on February 17th for Presidents' Day. 🇺🇸
  • As a result, global financial markets experienced lower trading volumes and minimal volatility. 📉
• The International Monetary Fund (IMF) has raised its global economic growth forecast for 2025 to 3.3%. 📊
  • This adjustment is mainly driven by strong U.S. economic growth, with the U.S. growth rate projected at 2.7%.
  • Conversely, the Eurozone and Japan face downward revisions due to manufacturing slumps and political uncertainties.
• China is expected to see slightly improved growth due to fiscal stimulus, while the Middle East and Central Asia are likely to experience slower growth due to oil production cuts. 🛢️

---

🔎 Comprehensive Analysis

Here’s a summary of this week’s economic outlook:

• Domestic Economy: Sluggish growth due to weak domestic demand and slowing exports. 📉
• International Economy: Volatility is expected due to monetary policy changes and trade policy uncertainties. 🌐
• Potential Risks: The U.S.'s protectionist policies and tariff increases could create downward pressure on the global economy. ⚠️

---

📌 Use this week’s economic outlook to make informed investment and economic decisions!
Stay tuned for more insightful updates next week. Thank you for reading! 😊💡