Updating base year is essential as it guarantees that GDP data reflects the most recent economic activity, consumption trends ...

South Korea government on Thursday revised down this year growth outlook amid the expected export slump following the launch of the new US administr ...

Real gross domestic product (GDP), adjusted for inflation, was forecast to grow 1.8 percent in 2025, down from 2.2 percent estimated in July 2024, according to the Ministry of Economy and Finance.