403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
S. Korea logs 0.7pct rise in real GDP over Q2
(MENAFN) South Korea's economic progress remained below 1 percent for three consecutive quarters, escalating doubts about the prolonged low-growth trend, as revealed by top local analysts.
Real gross domestic product (GDP), seasonally adjusted for inflation, touched USD328.7 billion over the April-June period, reflecting a slight 0.7pct increase from the previous quarter.
It was up from a 0.5 percent quarterly growth registered through the Jan-March timeframe, but the second-quarter value marked the zero-percent development for the third successive quarter.
Exports, which account for about half of the economy, jumped 0.9pct in the three months to June from the prior quarter due to demand for semiconductors let alone oil and chemical goods.
Real gross domestic product (GDP), seasonally adjusted for inflation, touched USD328.7 billion over the April-June period, reflecting a slight 0.7pct increase from the previous quarter.
It was up from a 0.5 percent quarterly growth registered through the Jan-March timeframe, but the second-quarter value marked the zero-percent development for the third successive quarter.
Exports, which account for about half of the economy, jumped 0.9pct in the three months to June from the prior quarter due to demand for semiconductors let alone oil and chemical goods.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Market Research
More Story
Comments
No comment