South Korea GDP Expands 1.1% in Q2


South Korea's economy grew by a seasonally adjusted 1.1 percent in the second quarter of 2013 over the previous three months, the strongest quarterly expansion since the first quarter of 2011.

Private consumption grew by 0.6 percent supported by government's stimulus measures after a 0.4 percent drop in Q1. Capital investment was down 0.7 percent after 2.6 percent rise in Q1. Exports were up 1.5 percent after 3 percent growth in Q1. Construction investment was up 3.3 percent after 4.1 percent expansion in Q1.

Over a year earlier, South Korea's GDP expanded by 2.3 percent after a 1.5 percent rise in the first quarter.


South Korea GDP Expands 1.1% in Q2


Bank of Korea | anna@tradingeconomics.com
7/25/2013 12:44:46 AM