Global Economic News

South Korea Q1 GDP Revised Up To -1.3%

South Korea's gross domestic product contracted a seasonally adjusted 1.3 percent on quarter in the first three months of 2020, the Bank of Korea said in Tuesday's preliminary reading.

That's an upward revision from last month's advance estimate that suggested a decline of 1.4 percent on quarter following the 1.3 percent quarterly increase in the three months prior.

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by RTTNews Staff Writer

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