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South Korea says the chance of 3% economic growth has risen sharply

South Korea says the chance of 3% economic growth has risen sharply

Thu, August 6, 2026 at 12:21 AM UTC

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SEOUL, Aug 6 (Reuters) - South Korea's Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3% level for the first time in five years.

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Last month, the finance ministry raised this year's economic growth forecast to 3.0% from 2.0%. The economy grew 1.1% last year.

(Reporting by Joyce Lee and Jihoon LeeEditing by Ed Davies)

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Source: “AOL Money”

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