Moody: South Korea could slow down in the second quarter

IN A REPORT, MOODY ' S ANALYSIS INDICATED THAT THE REPUBLIC OF KOREA ' S ECONOMIC GROWTH RATE IN THE SECOND QUARTER COULD SLOW FROM 1.8 PER CENT TO 0.9 PER CENT IN THE FIRST QUARTER. AS A RESULT OF THE BOOM IN THE SEMICONDUCTOR INDUSTRY DRIVEN BY ARTIFICIAL INTELLIGENCE, EXPORTS (ESPECIALLY SEMICONDUCTOR EXPORTS) WILL AGAIN TAKE ON THE MAIN TASK. DOMESTIC DEMAND IS EXPECTED TO REMAIN WEAK AND CONSUMPTION HAS IMPROVED ONLY SLIGHTLY. HIGH ENERGY COSTS HAVE EXACERBATED INFLATIONARY PRESSURES, WHILE MEASURES TAKEN BY GOVERNMENTS HAVE ONLY PARTIALLY EASED. THE REPUBLIC OF KOREA'S SECOND QUARTER GDP OPENING WILL BE ANNOUNCED ON THURSDAY。