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Economic Buzz: South Korea GDP Slows In Q3
03-Dec-19   09:23 Hrs IST

South Korea's gross domestic product grew 0.4 percent sequentially, in line with advance estimate, but slower than the 1 percent expansion seen in the second quarter, revised data from the Bank of Korea showed Tuesday. On a yearly basis, GDP growth held steady at 2 percent in the third quarter. Last week, the central bank had forecast 2 percent growth for this year and the lower 2 percent level for 2020. The bank had forecast adjustment in construction investment to continue.

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