South Korea GDP Revised Down To +0.3% In Q4

South Korea’s gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the fourth quarter of 2014, the Bank of Korea said in Wednesday’s final reading.

That was revised down from 0.4 percent in January’s preliminary reading, and it was down from the 0.9 percent gain in the third quarter.

On a yearly basis, GDP was revised up to 3.3 percent from 2.7 percent in the preliminary reading. It was up 3.2 percent in the third quarter.

The material has been provided by InstaForex Company – www.instaforex.com

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