Korea’s GDP increases 0.6% on-quarter in Q2: BOK

Korea’s GDP increases 0.6% on-quarter in Q2: BOK


Korea’s economic growth took a step backward
in the second quarter of the year. The Bank of Korea says the country’s gross
domestic product increased zero-point-six-percent during the April to June period from the previous
quarter. That’s the lowest growth rate increase since
the third quarter of 2012. Exports continued their upward trend growing
one-point-9-percent from the previous quarter… however domestic consumption dropped zero-point-3-percent…
largely due to April’s ferry disaster.

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