HomeLatestSouth Korea Q3 GDP +1.3% q/q, sooner than earlier estimate

South Korea Q3 GDP +1.3% q/q, sooner than earlier estimate

SEOUL, Dec 3 : South Korea’s financial system expanded by 1.3 per cent within the third quarter, revised central financial institution information confirmed on Wednesday, sooner than the financial institution’s earlier estimate of 1.2 per cent.

It was the quickest quarterly development because the fourth quarter of 2021, when the financial system grew by 1.6 per cent.

On an annual foundation, gross home product elevated 1.8 per cent within the third quarter, additionally higher than the superior estimate of 1.7 per cent.

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