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South Korean Q3 GDP comes in well under estimates: +0.1% q/q (vs. +0.5% expected)

This data comes from the Bank of Korea, SK’s central bank.

Q3 GDP

  • +0.1% q/q (expected +0.5%, prior -0.2%)
  • +1.5% y/y (expected +2.0%, prior +2.3%), slowest since Q3 2023

Q3:

  • private consumption +0.5% q/q
  • construction investment -2.8% q/q
  • facility investment +6.9% q/q
  • exports -0.4% q/q
  • imports +1.5% q/q

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

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