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S Korea growth slows as Mers dampens consumer spending

Private sector consumption fell 0.3 per cent in the second quarter from the previous period, according to the Bank of Korea.


GROWTH slowed in South Korea in the second quarter as the outbreak of Middle East Respiratory Syndrome (Mers) damped consumer spending in an economy that's already struggling with weak sentiment and an export slump.

Gross domestic product (GDP) grew 0.3 per cent in the three...