South Korea's 20.2 trillion won supplementary budget aims to revive consumption, with early signs of recovery seen in sentiment and card spending; stimulus coupons and targeted support are expected to boost domestic demand, though inflation and global risks remain headwinds.
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South Korea’s consumer sentiment has rebounded since mid-May, with the Bank of Korea expecting gradual improvement in consumption amid supportive fiscal and monetary policies, while inflation is projected to stabilize near 2% despite structural headwinds.
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