韩国四季度经济因需求萎靡而意外收缩

Core Viewpoint - South Korea's economy is facing challenges as domestic demand weakens, leading to a contraction in GDP in the fourth quarter of 2025, highlighting the constraints on growth policies due to a weak won and rising financial risks [1] Economic Performance - In the fourth quarter of 2025, South Korea's GDP decreased by 0.3% quarter-on-quarter, a significant slowdown from the revised growth of 1.3% in the previous quarter and below the market expectation of a 0.2% increase [1] - For the entire year of 2025, South Korea's economic growth is projected at 1%, aligning with expectations [1] Policy and Risks - The South Korean authorities are attempting to manage risks associated with a persistently hot real estate market, rising household debt, and the long-term weakness of the won [1] - The expansionary fiscal policies and consumer recovery that previously supported economic growth are beginning to weaken [1] - The Bank of Korea maintained its policy stance last week, effectively shifting to a neutral position and removing references to potential interest rate cuts in its statement [1]