South Korea's gross domestic product expanded a seasonally adjusted 1.3 percent on quarter in the fourth quarter of 2019, the Bank of Korea said on Tuesday - following the 0.4 percent gain in the previous three months.
On a yearly basis, GDP gained 2.3 percent, up from 2.0 percent in the third quarter.
Real gross national income (real GNI) increased by 0.5 percent in the fourth quarter of 2019 compared to the previous quarter.
On the production side, manufacturing rose by 1.6 percent, mainly due to an increase in machinery and equipment.
Construction expanded by 5.6 percent, owing to increases in building construction and civil engineering.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2152696/
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