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S. Korea's third quarter GDP grows 0.4% q/q Updated: 2019-12-03 08:44:24 KST

Let's start with the big economic news of the day
South Korea's economy expanded just point-four percent on-quarter in the July to September period.
That's the same as the Bank of Korea's preliminary forecast announced in October and lower than the one percent growth tallied in the second quarter.
The central bank attributed the lower growth to sluggish investment and consumption.
Exports, however, jumped four.six percent on-quarter.
The GDP deflator, which measures the changes in prices for all of the goods and services, recorded negative 1.six percent, the biggest fall in two decades.
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