Korea’s Economic Growth Holds Steady in Sign of Resilience
10/26/2023 07:58
South Korea’s economic growth held steady on the back of recovering exports, offering a sign of resilience as the central bank keeps monetary policy restrictive and sundry risks loom.
South Korea’s economic growth held steady on the back of recovering exports, offering a sign of resilience as the central bank keeps monetary policy restrictive and sundry risks loom.
Gross domestic product advanced 0.6% in the three months through September from the previous quarter, Bank of Korea data showed Thursday. Economists surveyed by Bloomberg had forecast a 0.5% expansion after growth came in at 0.6% in the three months through June.