South Korea Q3 GDP +1.3% q/q, faster than earlier estimate
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A man walks in a park at a business district in Seoul, South Korea, March 23, 2016. Picture taken on March 23, 2016. REUTERS/Kim Hong-Ji
SEOUL, Dec 3 (Reuters) - South Korea's economy expanded by 1.3% in the third quarter, revised central bank data showed on Wednesday, faster than the bank's earlier estimate of 1.2%.
It was the fastest quarterly growth since the fourth quarter of 2021, when the economy grew by 1.6%.
On an annual basis, gross domestic product increased 1.8% in the third quarter, also better than the advanced estimate of 1.7%.
(Reporting by Cynthia Kim; Editing by Chris Reese)
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