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South Korea GDP Slips 0.2% In Q1
(RTTNews) - South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
That missed forecasts for an increase of 0.1 percent, which would have been unchanged from the three months prior.
On an annualized basis, GDP slipped 0.1 percent - again missing expectations for a gain of 0.2 percent and down from 1.2 percent in the previous three months.
Real gross domestic income (GDI) decreased by 0.4 percent compared to the previous quarter.
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South Korea Export Prices Rise 0.7% On Year In April
Export prices in South Korea were up 0.7 percent on year in April, the Bank of Korea said on Friday, easing from 6.3 percent in March.
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South Korea Has $9.14 Billion Current Account Surplus
South Korea posted a current account surplus of $9.14 billion in March, the Bank of Korea said on Friday - up from $7.18 billion in February.
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South Korea Manufacturing PMI Falls To 47.5 - 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 Friday with a manufacturing PMI score of 47.5.
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South Korea Inflation Rises 2.1% On Year In April
Consumer prices in South Korea were up 2.1 percent on year in April, Statistics Korea said on Friday.
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South Korea Industrial Output Jumps 5.3% On Year In March
Industrial production in South Korea was up 5.3 percent on year in March, Statistics Korea said on Wednesday - beating forecasts for a gain of 3.3 percent following the 7.1 percent jump in February.
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South Korea GDP Contracts 0.2% In Q1
South Korea's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
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South Korea Producer Prices Steady In March
Producer prices in South Korea were flat on a monthly basis for the second straight month in March, the Bank of Korea said on Tuesday.
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Bank Of Korea Holds Rate Amid Trade Uncertainty, Won Volatility
The Bank of Korea kept its interest rate unchanged on Thursday as uncertainty about future growth increased due to the changes in the US trade policies and the implementation of government stimulus measures, while the currency showed a high volatility over a short period of time. The monetary policy board, governed by Rhee Chang Yong, decided to maintain the Base Rate at 2.75 percent.
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