IMF revises up S. Korea's economic growth outlook as chips offset war impact

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Source: South Korea
Published: 2026-07-08 23:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, South Korea, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
SEJONG, July 8 (Yonhap) -- The International Monetary Fund (IMF) on Wednesday revised up its growth forecast for South Korea in 2026 to 2.6 percent, as strong global demand for memory chips offset the negative impact of the Middle East war.
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