South Korea's gross domestic product was up a seasonally adjusted 1.0 percent on quarter in the second quarter of 2019, the Bank of Korea said in Tuesday's preliminary reading.
That was a downward revision from last month's advance estimate that suggested a 1.1 percent increase. GDP contracted 0.4 percent on quarter in the first three months of 2019.
On a yearly annualized basis, GDP climbed 2.0 percent - again marking a slight downward revision from the advance estimate, from 2.1 percent. GDP rose 1.7 percent on year in Q1.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2142480/
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