FX.co ★ South Korea GDP Expands 0.6% In Q3

South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the third quarter of 2023, the Bank of Korea said on Tuesday.

That was in line with expectations and unchanged from the previous three months.

On an annualized basis, GDP rose 1.4 percent - again matching forecasts and up from 0.9 percent in the second quarter.

Real gross national income (real GNI) increased by 1.6 percent in the third quarter of 2023 compared to the previous quarter.