South Korea's Q2 GDP growth revised down

GDP growth for the second quarter was revised down to 0.3 percent, the central bank said Thursday.

Seoul: South Korea's gross domestic product (GDP) growth for the second quarter was revised down to 0.3 percent, the central bank said Thursday.

Real GDP, the broadest measure of economic performance, expanded 0.3 percent in the second quarter from three months before, down from a preliminary estimate of a 0.4 percent growth unveiled around a month earlier, according to the Bank of Korea.

From a year before, the real GDP advanced 2.3 percent, down from a preliminary figure of 2.4 percent on-year growth, reported Xinhua.

IANS

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.