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 Producer Prices Slip 0.1% In October
Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in October, the Bank of Korea said on Wednesday - after easing 0.2 percent in September.
RTTNews | 1 day ago
South Korea Has $11.12 Billion Current Account Surplus
South Korea posted a current account surplus of $11.12 billion in September, the Bank of Korea said on Thursday - up from $6.60 billion in August.
RTTNews | 14 days ago
South Korea Inflation Unchanged On Month In October
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in October, Statistics Korea said on Tuesday.
RTTNews | 16 days ago
