South Korea's quarterly GDP contracts for the first time in four years as construction activity plunges

Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year on year.

Apr 23, 2025 - 17:30
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South Korea's quarterly GDP contracts for the first time in four years as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year on year.

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