South Korea GDP Rises 0.1% In Q3
(RTTNews) - South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
That missed forecasts for an increase of 0.5 percent following the 0.2 percent contraction in the second quarter.
On an annualized basis, GDP rose 1.5 percent - again missing expectations for a gain of 2.0 percent following the 2.3 percent gain in the three months prior.
Real gross domestic income (GDI) increased 0.5 percent compared to the previous quarter.
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South Korea Producer Prices Slip 0.1% In October
Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in October, the Bank of Korea said on Wednesday - after easing 0.2 percent in September.
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South Korea Has $11.12 Billion Current Account Surplus
South Korea posted a current account surplus of $11.12 billion in September, the Bank of Korea said on Thursday - up from $6.60 billion in August.
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17 วันที่ผ่านมา
South Korea Inflation Unchanged On Month In October
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in October, Statistics Korea said on Tuesday.
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19 วันที่ผ่านมา
South Korea Manufacturing PMI Unchanged At 48.3 - S&P Global
The manufacturing sector in South Korea continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 48.3.
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South Korea Has $3.17 Billion Trade Surplus
South Korea posted a merchandise trade surplus of $3.17 billion in October, the Customs Office said on Friday.
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23 วันที่ผ่านมา
South Korea Industrial Production Slips 0.2% In September
Industrial production in South Korea was down a seasonally adjusted 0.2 percent on month in September, Statistics Korea said on Thursday.
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24 วันที่ผ่านมา
South Korea GDP Expands 0.1% On Quarter In Q3
South Korea's gross domestic product gained a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
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Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years
The Bank of Korea lowered its base rate for the first time in more than four years on Friday, in order to stimulate economy as inflation weakened to the lowest since early 2021 and household debt began to slow on tight macroprudential policies. The Monetary Policy Board headed by Rhee Chang Yong decided to cut the Base Rate by 25 basis points to 3.25 percent from 3.50 percent.
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