South Korea GDP Gains 0.6% In Q3 - ConsultFX

South Korea GDP Gains 0.6% In Q3

South Korea's gross domestic product expanded by a seasonally adjusted 0.6 percent on quarter in the third quarter of 2018, the Bank of Korea said in Wednesday's preliminary reading.

That was in line with expectation and unchanged from the three months prior.

On an annualized basis, GDP gained 2.0 percent on year - shy of forecasts for 2.2 percent and down from 2.8 percent in the second quarter.

Real gross national income added 0.7 percent on quarter but fell 0.2 percent on year.


The material has been provided by InstaForex Company - www.instaforex.com