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South Korea GDP Expands 0.3% In Q1
(RTTNews) - South Korea's gross domestic product was up a seasonally adjusted 0.3 percent on quarter in the first quarter of 2023, the Bank of Korea said on Friday.
That was in line with expectations following the upwardly revised 0.3 percent contraction in the previous three months (originally -0.4 percent).
Real gross national income (real GNI) increased by 1.9 percent in the first quarter of 2023 compared to the previous quarter.
On an annualized basis, GDP climbed 0.9 percent, exceeding expectations for an increase of 0.8 percent following the 1.3 percent gain in the three months prior.
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South Korea Inflation Rises 0.2% In July
Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.
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South Korea Industrial Output Climbs 1.6% In June
Industrial production in South Korea was up a seasonally adjusted 1.6 percent on month in June, Statistics Korea said on Thursday.
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South Korea GDP Expands 0.6% In Q2
South Korea's gross domestic product improved a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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South Korea GDP Climbs 0.6% In Q2
South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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South Korea Consumer Confidence Index Improves In July - BoK
Consumer confidence in South Korea strengthened in July, the latest survey from the Bank of Korea showed on Wednesday with an index score of 110.8 - up from 108.7 in June.
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South Korea Producer Prices Rise 0.1% In June
Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday - after slipping 0.4 percent in May.
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South Korea Export Prices Slip 1.1% In June
Export prices in South Korea were down 1.1 percent on month in June, the Bank of Japan said on Wednesday - after slipping 3.5 percent in May.
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Bank Of Korea Keeps Rates Steady
The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent.
The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
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