South Korea's third quarter GDP grows 0.6% on-quarter: BOK
  • 5 years ago
The Bank of Korea says South Korea's GDP for the July-to-September period rose zero-point-six percent on-quarter.
That's in line with the central bank's expectation and on-par with the quarterly growth seen in Q2.
On an annualized basis, GDP gained two percent on-year - slower than the two-point-eight percent growth seen the second quarter, and also the lowest figure in nine years.
Real gross national income expanded zero-point-seven percent on-quarter but fell zero-point-two percent on-year.