South Korea Q1 growth surges past forecasts on semiconductor export boom
South Korea’s Q1 GDP rose 1.7% q/q and 3.6% y/y (exp. 2.7%, prev. 1.6%), beating forecasts. Growth was driven by a 5.1% surge in exports led by semiconductors, highlighting strong AI-linked demand and reliance on external drivers. Summary: Q1 GDP: +1.7% q/q (exp. +1.0%) → strongest since Q3 2020 Y/Y GDP: +3.6% (exp. +2.7%, prev. […]
