South Korea GDP Growth Rate QoQ
In addition to having an export-oriented economy, South Korea is the world's top manufacturer of screens and memory semiconductors, as well as the world's second-largest manufacturer of ships. The services sector accounts for the greatest proportion of GDP (about 57% of GDP). Services with the highest importance are those related to public administration (6%), education (5.3%), information and communication (5%), and corporate activities (4.6%). South Korea's manufacturing industry is significant, and it has helped the country become a major exporter accounting for 32% of the country's GDP.
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea Manufacturing PMI Slips In April - S&P Global
The manufacturing sector in South Korea continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 49.4.
RTTNews | 1 day ago
South Korea Inflation Flat On Month In April
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis, Statistics Korea said on Thursday.
RTTNews | 1 day ago
South Korea April Trade Surplus $1.53 Billion
South Korea posted a merchandise trade surplus of $1.53 billion in April, the Customs Office said on Wednesday.
RTTNews | 2 days ago
