Published Date: 10/10/2024
- Despite the Yagi typhoon, the economy delivered an upbeat 3Q24 GDP growth result of 7.4% yoy, prompting us to revise the whole year’s growth pace to 6.9%, up from the previous forecast of 6.5%.
- Inflationary pressures have eased significantly, hitting a 13-month low of 2.6% in Sep, and 3.9% in 9M24.