South Korea Q4 economy suffered from weak consumer & business spending, political turmoil

South Korean Q4 2024 economic growth has come in weaker than expected

The lacklustre GDP numbers are in that post.

The Wall Street Journal (gated) has followed up with a summary. High(low)lights:

• weak consumer spending
• weak business spending
• political turmoil … martial-law attempt
• sluggish domestic demand
• private consumption weakened
• construction investment remained in contraction
• exports edged up on demand for semiconductors and other information-technology goods

South Koreans value their democracy without killing police officers.

This article was written by Eamonn Sheridan at www.forexlive.com.