South Korea GDP Grows in Third Quarter
South Korea’s GDP grew in the third quarter, driven by semiconductor sales.
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South Korea’s GDP grew in the third quarter, driven by semiconductor sales.
South Korea’s third-quarter GDP grew 1%, with strong semiconductor exports cited.
South Korea's GDP expanded 1.0% in July-September from the previous quarter, after 0.6% growth in the prior quarter. Strong semiconductor exports tied to the AI boom offset weakness elsewhere.
South Korea's economy grew 1.0% in the July-September quarter, up from 0.6% in the prior quarter and above the 0.7% median forecast. Advance central bank estimates cited booming chip exports.
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