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South Korea's second quarter GDP rises 0.6% on-quarter

2018-09-04 0 Dailymotion

South Korea's economy grew at a slower than expected pace in the second quarter.<br /> The Bank of Korea says the country's GDP for the April-to-June period rose zero-point-six percent on-quarter.<br />That's slower than the first quarter's one percent growth, and also zero-point-one percentage points lower than an earlier estimate released in July. <br />While facilities investment in Q2 was nearly one percent higher than earlier estimates, construction investment, exports and imports all dropped. <br />Private consumption edged up by zero-point-three percent, the slowest rate since the fourth quarter of 2016.<br />Real gross national income fell by one percent on-quarter. <br />

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