Go to Contents Go to Navigation

S. Korea's economic growth decelerates in Q4: BOK

All News 08:00 January 25, 2017

SEOUL, Jan. 25 (Yonhap) -- South Korea's economy grew at a slower pace in the fourth quarter than three months earlier on decreased demand and construction investments, central bank data showed Wednesday.

In the October-December period, the country's gross domestic product rose 0.4 percent from the previous quarter, decelerating from a 0.6 percent on-quarter expansion three months earlier, according to preliminary data from the Bank of Korea (BOK).

Asia's fourth-largest economy grew 2.7 percent in 2016 from a year earlier.


Send Feedback
How can we improve?
Thanks for your feedback!