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Asia Times

Covering geo-political news and current affairs across Asia

Tag: SOC

Posted inNortheast Asia, South Korea

South Korea suffers surprise negative growth in Q1

by Lee Shin-hyung April 25, 2019February 18, 2020

South Korea’s first-quarter GDP fell -0.3% since the last quarter, largely due to reduced government spending, but also because of sluggish capital investment and exports. The Bank of Korea announced the decline on Thursday – a fall of -0.3% from the previous quarter – the worst quarter-on-quarter figure since 2008. However, GDP grew 1.8% from […]

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