Bloomberg News

South Korea’s Economy Expands 0.7% From Previous Quarter

October 26, 2011

Oct. 27 (Bloomberg) -- South Korea’s economy expanded 0.7 percent in the three months through September from the previous quarter, the Bank of Korea said in Seoul today.

The median estimate of 12 economists in a Bloomberg News survey was for a 0.6 percent gain. Gross domestic product increased 3.4 percent from a year earlier.

--Editors: Paul Panckhurst, Brett Miller

To contact the reporters on this story: William Sim in Seoul at wsim2@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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