Korea's GDP grows 1% in third quarter
The Republic of Korea's economy grew 1% in the third quarter from the previous quarter, according to data from the Bank of Korea (BOK). This follows a 0.6% expansion in the second quarter.
On a year-on-year basis, the economy grew 3.4% in the third quarter, slightly down from 3.7% in the second quarter. The growth was driven by strong exports and investment.
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