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

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