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South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment
South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment. Data released by the Bank of Korea on Tuesday showed that the South Korean economy expanded by 1% quarter-on-quarter in the third quarter, propelled by robust exports and investment. Real gross domestic product (GDP) increased by 1% during the July-September period, up from a 0.6% gain in the previous quarter and exceeding the Bank of Korea's earlier forecast of 0.3%.
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