South Korea's gross domestic product shrank a seasonally adjusted 0.3 percent on quarter in the fourth quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
That missed expectations for an increase of 0.1 percent following the 1.3 percent gain in the previous three months.
Real gross domestic income (GDI) increased 0.8 percent on quarter.
On the expenditure side, private consumption grew by 0.3 percent, as expenditures on services increased while expenditures on goods decreased. Government consumption rose by 0.6 percent, mainly due to expenditures on health care benefits.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.