S. Korea’s GDP grows 0.4% in Q3

S. Korea’s GDP grows 0.4% in Q3


let’s start with some news just out
South Korea’s economy grew 0.4 percent on-quarter in the july-to-september
period this is quite substantially lower than the 1% growth tallied in the second
quarter the Bank of Korea says private consumption that grew rather edged up
point one percent in the third quarter down from 0.7 percent rise in the second
quarter government spending grew at a slow pace
at one point two percent in construction investment fell as well the central bank
says the country would need to record 1 percent growth in the fourth quarter to
reach 2 percent growth overall in 2019

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