South Korea GDP Jumps 1.3% In Q1
South Korea's gross domestic product expanded a seasonally adjusted 1.3 percent on quarter in the first three months of 2024, the Bank of Korea said on Thursday.
That beat forecasts for a gain of 0.6 percent, which would have been unchanged from the previous quarter.
Real gross domestic income (GDI) increased by 2.5 percent compared to the previous quarter.
On a yearly basis, GDP was up 3.4 percent - again topping expectations for an increase of 2.4 percent and accelerating from 2.2 percent in the three months prior.
Economic News
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.