GDP data from Sk for the April to June quarter of 2021.
- +0.7% q/q
- +5.9% y/y
- private consumption +3.5% q/q
- facility investment +0.6% q/q
- construction related investment -2.5% q/q
These numbers are flash/advance estimates published by the Bank of Korea (SK's central bank) - via Reuters info.
Over the weekend the parliament passed a 34.9 trillion won ($US30.2 bn) extra budget
- this pays 250,000 won in "disaster subsidies" to every person, except high-incomers and owners of expensive houses. Keeping the stimulus coming in SK.