South Korea's gross domestic product expanded a seasonally adjusted 1.9 percent on quarter in the third quarter of 2020, the Bank of Korea said in Tuesday's advance estimate.
That beat estimates for an increase of 1.7 percent following the 3.2 percent decline in the three months prior.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.