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S. Korea's GDP grows 0.4% in Q3

2019-10-24 95 Dailymotion

Let's start with some news just out...<br />South Korea's economy grew point-four percent on-quarter in the July to September period.<br />This is lower than the one percent growth tallied in the second quarter.<br />The Bank of Korea says private consumption grew point-one percent in the third quarter, down from a point-seven percent rise in the second quarter.<br />Government spending grew at a slower pace of one-point-two percent and construction investment fell.<br />The central bank says the country would need to record one percent growth in the fourth quarter to reach two percent growth overall in 2019.<br />

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