Posted inSouth Korea

South Korean Q1 growth smashes expectations

The OECD’s best performer last year continues to outpace the pandemic, with first-quarter growth beating consensus estimates. South Korea’s economy grew 1.8% in the three months of 2021, year-on-year, the Bank of Korea announced on Tuesday morning. On a quarterly basis, the manufacturing powerhouse’s gross domestic product expanded 1.6% – an increase from its 1.2% expansion […]