South Korea's first-quarter GDP contracts 0.1% as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year-on-year.
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2025 › April › 23
7 months ago
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South Korea's GDP contracted 0.1% in the first quarter of 2025, according to advance figures, missing the 0.1% rise expected by Reuters' poll.
South Korea's first-quarter GDP contracts 0.1% as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year-on-year.
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South Korea GDP contracts 0.1% in the first quarter amid political uncertainty
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year-on-year.
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South Korea GDP contracts 0.1% in the first quarter amid political uncertainty
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year-on-year.
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