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Roundup: S. Korea’s Q4 GDP contracts on sluggish export, consumption

januari 26, 2023by Reacties uitgeschakeld voor Roundup: S. Korea’s Q4 GDP contracts on sluggish export, consumption

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SEOUL, Jan. 26 (Xinhua) — South Korea’s fourth-quarter gross domestic product (GDP) contracted on sluggish export and consumption, central bank data showed Thursday.

The seasonally-adjusted real GDP, adjusted for inflation, fell 0.4 percent in the October-December quarter compared to the previous quarter, according to the Bank of Korea (BOK).

It marked the first fall in 10 quarters since the second quart

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