Forex
globalreutersJanuary 22, 20251 Mins read
South Korean Q4 2024 economic growth has come in weaker than expected
globalreutersJanuary 22, 20251 Mins read The preliminary reading for 2024 Q4 GDP from South Korea is not as strong as was expected.
+0.1% q/q
- expected +0.2%, prior +0.1%
+1.2% y/y is a big tumble from Q3
- expected +1.4%, prior +1.5%
The Bank of Korea estimates that GDP growth over 2024 as a whole will be +2% y/y.
This article was written by Eamonn Sheridan at www.forexlive.com.
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