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South Korea revised Q3 GDP growth 0.6% q-o-q, ticks down from estimate

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South Korea's economy grew a seasonally adjusted 0.6 per cent during the July-September quarter from the previous three-month period, revised central bank data showed on Friday, just below a 0.7 per cent rise estimated earlier.

[SEOUL] South Korea's economy grew a seasonally adjusted 0.6 per cent during the July-September quarter from the previous three-month period, revised central bank data showed on Friday, just below a 0.7 per cent rise estimated earlier.

Over a year earlier, South Korea's gross domestic product expanded by 2.6 per cent in the third quarter, the Bank of Korea data showed, also marginally lagging the advanced estimate of 2.7 per cent released on Oct 25.

In the second quarter, GDP grew by 0.8 per cent in sequential terms and 3.3 per cent on-year.

REUTERS