South Korean Q4 2024 economic growth has come in weaker than expected ...Middle East

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South Korean Q4 2024 economic growth has come in weaker than expected

The preliminary reading for 2024 Q4 GDP from South Korea is not as strong as was expected.

+0.1% q/q

    expected +0.2%, prior +0.1%

    +1.2% y/y is a big tumble from Q3

    expected +1.4%, prior +1.5%

    The Bank of Korea estimates that GDP growth over 2024 as a whole will be +2% y/y.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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