Posted inNortheast Asia, South Korea

Industrial output down in South Korea in June

South Korea’s industrial activity remained sluggish in June as external uncertainties – notably the prolonged US-China trade dispute – persisted. Korea’s GDP increased 1.1% in the second quarter, a sharp reversal from minus 0.4% growth in the first quarter, but government spending contributed 1.3% growth while the private sector contribution to GDP was minus 0.2%. […]

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