South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2021, the Bank of Korea said in Thursday's preliminary report.
That was in line with expectations and down from the 0.8 percent growth in the previous three months.
On an annualized yearly basis, GDP jumped 4.0 percent - again roughly matching estimates and slowing from 6.0 percent in the second quarter.
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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.