South Korea’s gross domestic product expanded by a revised, seasonally adjusted 3.2 percent compared to the previous three months, the Bank of Korea said on Friday, growing for the third consecutive quarter.
Analysts had been expecting GDP to hold steady at the advanced reading of 2.9 percent posted on October 26. It also marked the fastest growth since a 3.8 percent advance in the first quarter of 2002.
On an annual basis, GDP came in higher by 0.9 percent. That beat expectations for a 0.8 percent annual increase following the 0.6 percent gain that had been originally reported. It also represented the first annual growth in four quarters.
Mots clés Technorati : South Korea,Economy,fvtaiwan
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