South Korea's Q3 GDP Growth Revised Up to 1.3% QoQ from Preliminary 1.2%

Deep News
12/03

The Bank of Korea released revised third-quarter GDP data in a statement. The country's gross domestic product (GDP) grew 1.8% year-on-year in Q3, up from the preliminary estimate of 1.7%. On a quarterly basis, manufacturing output rose 1.5%, while construction activity increased 0.7%. Year-over-year comparisons showed manufacturing expanded 3.6%, while construction declined 7.5%. The services sector grew 1.4% quarter-on-quarter and 2.3% annually.

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