South Korea economy returns to growth in Q3 as stimulus kicks in; Covid-19 cases below 100


Park Yang-su, economic statistics director at the Bank of Korea, speaks Tuesday in a press briefing. - The Korea Herald/Asian News Network

SEOUL, Oct 27 (Reuters/The Korea Kerald-ANN): South Korea's economy returned to growth in the third quarter, recovering from its sharpest contraction in more than a decade, as the government pushed through stimulus measures and major trading partners eased coronavirus restrictions.

Asia's fourth-largest economy grew a seasonally adjusted 1.9% in the September quarter from the June quarter, the Bank of Korea said on Tuesday, logging its fastest expansion since the first quarter of 2010.

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South Korea , Economy , Rebound , Covid-19 , Lesser Cases

   

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