South Korea Q2 GDP +0.6% q/q, stronger than expected
Gross domestic product expanded 0.6% in the April-June period from a quarter earlier on a seasonally adjusted basis, after contracting 0.2% in the preceding three months.
It was stronger than the median 0.5% increase tipped in a Reuters poll and the fastest quarterly growth since the first quarter of 2024.
On an annual basis, Asia's fourth-largest economy grew 0.5% in the second quarter, compared with zero growth in the first quarter and a 0.4% expansion expected by economists.
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