South Korea GDP Rises 0.1% In Q4
(RTTNews) - South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of Korea said on Thursday.
That was unchanged from the three months prior, although it missed expectations for an increase of 0.2 percent.
On an annualized basis, GDP was up 1.2 percent - missing forecasts for 1.4 percent and slowing from 1.5 percent in the third quarter.
For all of 2024, GDP was up 2.0 percent - up from 1.4 percent in the previous year.
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South Korea Q4 GDP Climbs 0.1% On Quarter
South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of Korea said on Thursday.
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10g 0 minut temu
Bank Of Korea Unexpectedly Keeps Key Rate Unchanged
Bank of Korea unexpectedly maintained its key interest rate on Thursday despite political unrest intensifying downside risks to economic growth and increased volatility in the won exchange rate. After two back-to-back cuts, the Monetary Policy Board decided to hold the base rate at 3.00 percent, while markets widely expected a quarter-point reduction.
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South Korea Export Prices Accelerate In December
Export prices in South Korea were up 10.7 percent on year in December, the Bank of Korea said on Wednesday - up from 7.0 percent in November.
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South Korea Has $9.30 Billion Current Account Surplus
South Korea poste a current account surplus of $9.30 billion in November, the Bank of Korea said on Wednesday - easing from $9.78 billion in October.
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15 dni temu
South Korea Inflation Rises 2.3% In 2024
Consumer prices in South Korea were up 2.3 percent on year in 2024, Statistics Korea said on Tuesday - moderating from 2.5 percent in the previous year.
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23 dni temu
South Korea Industrial Production Falls 0.7% In November
Industrial output in South Korea was down a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a fall of 0.4 percent following the flat reading in October.
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24 dni temu
South Korea Industrial Output Sinks 0.7$ In November
Industrial production in South Korea contracted a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a decline of 0.4 percent following the flat reading in October.
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24 dni temu
South Korea Consumer Confidence Index Tumbles In December - BoK
The Composite Consumer Sentiment Index (CCSI) for December stood at 88.4, 12.3 points lower than that in November.
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30 dni temu
