3분기 경제 성장률 2.1%…11월 수출 4.0%↑<br /><br />Despite the surge in COVID-19 infections in recent months, the South Korean economy saw positive growth in the July to September period compared to the previous quarter.<br />The Bank of Korea also revised its real GDP growth upwards on bigger investments and private consumption.<br />Exports in November also outperformed the same month last year.<br />Eum Ji-young reports.<br />The South Korean economy has posted its first quarterly GDP growth of 2020.<br />"Third quarter real GDP growth was up two-point-one percent on-quarter,... point-two percentage points higher than the earlier estimate. Investments in equipment, construction and private consumption were also revised upwards."<br />The economy had previously shrunk,... by 1-point-3 percent in the first quarter and 3-point-2 percent in the second quarter.<br />The central bank says exports played a big part as they jumped 16 percent in the third quarter led by automobiles and semiconductors.<br />Production in manufacturing rose about 8 percent mainly on computers, electronics and optical products.<br />Real gross national income increased two-point-four percent compared to the quarter earlier after shrinking in the first and the second quarter.<br />Exports in November also rebounded.<br />According to the Ministry of Trade and Industry on Tuesday, exports in November stood at nearly 46 billion U.S. dollars,... up four percent on-year.<br />Ten staple exports products, including semiconductors, display, and home appliances, increased sharply.<br />Eum Ji-young, Arirang News.<br />
