Recently Released Market Study: South Korea Shipping Report Q1 2013
Fully in line with our expectations, the South Korean economy slowed in Q212 with real GDP expanding a seasonally adjusted 1.6% quarter-on-quarter annualised, decelerating from 3.6% in the first quarter. As expected, exports and investment activity were the main impediments to growth, as these components contracted an annualised 2.4% and 9.2% respectively.
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