With concerns about a global economic recession continuing, an economic indicator is released that shows whether Korea's real gross domestic product (GDP) has maintained growth for eight consecutive quarters.
On Tuesday, the 26th, the Bank of Korea releases 'Q2 Real Gross Domestic Product (GDP)' Statistics (Breaking News).
The quarterly growth rate (compared to the previous quarter) recorded negative growth in the first and second quarters of 2020 immediately after the corona virus, and then recorded 7 consecutive quarters of growth from the third quarter of 2020 to the first quarter of this year.
The International Monetary Fund (IMF) will release its revised world economic outlook on the 26th.
IMF Managing Director Kristalina Georgieva said at a recent G20 finance ministers meeting, "The global economic outlook has become darker than in April due to the Russia-Ukraine war and inflation. It won't be very wide," he said.
The International Monetary Fund (IMF) has given Korea's growth forecast for this year at 2.5%.
On Wednesday, the 27th, the 'July Consumer Trend Survey Results' will be announced.
It is noteworthy whether the expected inflation rate, which rose to 3.9% last month, has stabilized.
On Friday the 29th, Statistics Korea announces the industrial activity trend for June.
You can see how the real economy has behaved amid growing concerns about a recession.
In May, industrial production and facility investment increased, but consumption decreased slightly.