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South Korea GDP Rises 0.9% On Quarter In Q1

South Korea's gross domestic product added 0.9 percent in the first quarter of 2012 compared to the previous three months, the Bank of Korea said on Thursday in an advanced estimate.

That was in line with expectations following the 0.3 percent gain in the previous three months.

On a yearly basis, GDP was up 2.8 percent - missing forecasts for a 3.0 percent gain following the 3.3 percent increase in the fourth quarter of 2011.

by RTTNews Staff Writer

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