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Lee Jae-myung eyes new stimulus as South Korea’s economy contracts in early 2025
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Lee Jae-myung eyes new stimulus as South Korea’s economy contracts in early 2025
South Korea’s economy shrank in the first quarter of 2025 as falling investment and weak consumer spending offset gains in net income from overseas, data from the Bank of Korea showed on Thursday. Real gross domestic product (GDP) declined 0.2% from the previous quarter, matching the central bank’s earlier estimate. On a year-on-year basis, growth […] The post Lee Jae-myung eyes new stimulus as South Korea’s economy contracts in early 2025 appea…
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