AMRO forecasts ASEAN+3 growth at 4.1% and South Korea’s 2026 growth at 3.3%
The ASEAN+3 Macroeconomic Research Office’s October update keeps the regional growth forecast for 2026 at 4.1% and holds the 2027 estimate at the same rate, citing expanding AI‑related trade and capital flows. Inflation expectations are lifted to 1.6% for 2026 and 1.7% for 2027, reflecting higher energy prices and El Niño‑linked food costs. For South Korea, the office projects 2026 GDP growth at 3.3% and 2027 growth at 2.7%, with consumer‑price inflation expected at 2.7% in 2026 and 2.3% in 2027. The report warns that a slowdown in AI‑related demand could dampen exports and investment, while rising energy, transportation and production costs add pressure.
How this was covered
- Left-leaning outlets covered this 3h later
- Centrist coverage is the most divided on this story
Why it matters
The forecasts indicate how the region’s economies may perform amid shifting trade dynamics and energy price pressures.
How this story developed
- Oct 5 AMRO lifts South Korea's 2026 growth outlook to 3.3% amid stronger export outlook
- Oct 10 AMRO released its October update with new South Korea growth and inflation figures.
