"South Korea Shipping Report Q2 2013" Now Available at Fast Market Research
BMI View: South Korea's Q412 real GDP growth came in at 0.4%, accelerating marginally from the previous quarter's print of 0.1%, but remaining below consensus estimates of 0.5%. Private consumption led growth this time, expanding 0.8% as investments and exports contracted 2.0% and 1.2%, respectively. This has put full-year growth at 2.0%, just a fraction above the 1.9% forecast we outlined back in January 2012 (see our online service, January 31 2012, 'Economy Set For Further Weakness Through 2012').
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