Friday, October 26, 2012

South Korean growth slows to 0.2 per cent





South Korea’s economy grew 0.2 per cent in the third quarter from the previous three months -- the slowest pace in nearly three years as the euro zone crisis slammed investment. “Private consumption grew, while exports rebounded from declines in the previous quarter. But facilities investment continued to drop, weighing on the economic activity,” the central bank said in a statement.









via Business feed http://www.scmp.com/business/money/market-snapshot/article/1070132/south-korean-growth-slows-02-cent

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