South Korea’s gross domestic product climbed a seasonally adjusted 1.2 percent on quarter in the third quarter of 2015, the Bank of Korea said in Friday’s preliminary report.
That handily topped expectations for an increase of 0.8 percent following the 0.3 percent gain in the second quarter.
Real gross domestic income advanced 1.0 percent on quarter.
On a yearly basis, GDP jumped 2.6 percent – also exceeding forecasts for 2.4 percent and up from 2.2 percent in the three months prior.
The material has been provided by InstaForex Company – www.instaforex.com