Global Economic News

South Korea GDP Sinks 3.3% On Quarter In Q2

South Korea's gross domestic product was down a seasonally adjusted 3.3 percent on quarter in the second quarter of 2020, the Bank of Korea said in Thursday's advance estimate.

That missed forecasts for a decline of 2.3 percent following the 1.3 percent contraction in the previous three months.

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by RTTNews Staff Writer

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