South Korean exports are projected to rise 48.4 percent year-over-year in May, marking a 12th consecutive month of growth driven by semiconductors, according to CNA. The Bank of Korea raised its 2025 GDP growth forecast to 2.6 percent from 2 percent while holding its key interest rate at 2.5 percent, per Yonhap News. Consumer inflation is projected to reach 3.0 percent in May.