MTI's earlier forecast was for a range from 0% to 2%.
The government has raised its full year 2025 GDP growth range projection to between 1.5% and 2.5%, to take into account better-than-expected first half performance, where the impact of the trade war started by the US was not as bad as expected.
"However, the economic outlook for the rest of the year remains clouded by uncertainty, with the risks tilted to the downside," warns the Ministry of Trade and Industry (MTI) on Aug 12.
