The Bank of Korea announced that the South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding market expectations of 1%. Compared to the same period last year, the economy rose by 1.7%.
Driven by increased shipments of semiconductors and automobiles, South Korea's overall exports grew by 1.5%, while facility investment rose by 2.4% due to increased demand for semiconductor manufacturing equipment

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The Bank of Korea announced that the South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding market expectations of 1%. Compared to the same period last year, the economy rose by 1.7%. Driven by increased shipments of semiconductors and automobiles, South Korea's overall exports grew by 1.5%, while facility investment rose by 2.4% due to increased demand for semiconductor manufacturing equipment

The South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding expectations