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South Korea Final Q4 GDP +0.3% On Quarter

South Korea's gross domestic product was up a revised 0.3 percent in the fourth quarter of 2011 compared to the previous three months, the Bank of Korea said on Friday.

That was slightly lower than the 0.4 percent gain reported in January's preliminary reading, and it follows the 0.8 percent gain in the third quarter.

On a yearly basis, GDP was up 3.3 percent - again slightly lower than the 3.4 percent increase originally reported. GDP was up 3.5 percent in the third quarter.

For all of 2011, GDP was unrevised at 3.6 percent.

by RTTNews Staff Writer

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