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 Producer Prices Climb 0.6% In January
Producer prices in South Korea were up 0.6 percent on month in January, the Bank of Korea said on Thursday - accelerating from 0.4 percent in December.
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South Korea Has $12.37 Billion Current Account Surplus
South Korea posted a current account surplus of $12.37 billion in December, the Bank of Korea said on Thursday - up from the upwardly revised $10.05 billion surplus in November (originally $9.30 billion).
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South Korea Inflation Jumps 2.2% On Year In January
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South Korea Manufacturing Sector Expands In January - S&P Global
The manufacturing sector in South Korea bounced back up into expansion territory in January, the latest survey from S&P Global revealed on Monday with a PMI score of 50.3.
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South Korea Industrial Production Climbs 3.6% In December
Industrial output in South Korea jumped a seasonally adjusted 4.6 percent on month in December, Statistics Korea said on Monday.
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South Korea Industrial Output Jumps 3.6% In December
Industrial production in South Korea was up a seasonally adjusted 4.6 percent on month in December, Statistics Korea said on Monday.
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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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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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