Data from South Korea for the first quarter of this year.

GDP +0.3% q/q (vs. expected +0.2%, prior -0.4%)

  • +0.8% y/y (expected +0.9%, prior +1.3%)
  • Q1 private consumption s/adj +0.5% q/q
  • Construction investment s/adj +0.2% q/q
  • Facility investment s/adj -4.0% q/q
  • Exports s/adj +3.8% q/q
  • Imports s/adj +3.5% q/q

Data comes from Bank of Korea (SK's central bank) estimates via Reuters info.

Better news from the country often seen as a bellwether for the global economy.

bank of korea 22 November 2022