Global Economic News

South Korea GDP, Inflation Data Due On Friday

South Korea will on Friday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to add 0.3 percent on quarter and 0.8 percent on year after slipping 0.4 percent on quarter and rising 1.3 percent on year in the three months prior.

South Korea also will see May numbers for consumer prices, with forecasts suggesting an increase of 0.5 percent on month and 3.3 percent on year. That follows the 0.2 percent monthly increase and the 3.7 percent yearly gain in April.

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by RTTNews Staff Writer

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