arirang mobile

S. Korea's GDP for Q3 up 0.3% q/q: Bank of Korea
Updated: 2021-12-02 08:49:18 KST
Strained by supply chain disruptions and the pandemic, South Korea's economy in the third quarter grew at a slower pace than the previous three months.
The Bank of Korea says the country's GDP, adjusted for inflation, grew point-three percent compared to the second quarter.
Exports, the key driver of the economy, rose one.eight percent.
However, private consumption edged down point-two percent and investment in construction fell three.five percent.
In order to achieve the government's goal of 4 percent growth this year, the economy must grow by 1 percent or more in the fourth quarter.

Reporter : jy_rachel@arirang.com