South Korea's economy barely grows in Q3 as exports dip


SEOUL: South Korea's economy barely grew in the third quarter as consumer spending rebounded but exports fell, with the central bank warning of a likely downgrade to its 2024 growth outlook.

Gross domestic product in the July-September quarter expanded a seasonally adjusted 0.1% from a quarter earlier, the Bank of Korea's advance estimates showed on Thursday, lower than market expectations.

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South Korea , exports , GDP , Bank of Korea

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