Thursday, May 31, 2007

South Korea's Economy Expands 0.9 Percent, Unchanged From Initial Estimate

(Bloomberg) -- South Korea's economy grew 0.9
percent in the first quarter, unchanged from the initial
estimate, buoyed by exports and a pickup in consumer spending.

Gross domestic product increased at the same pace as in the
fourth quarter, according to a report by the Bank of Korea in
Seoul today. Asia's third-largest economy grew 4 percent from a
year earlier, unchanged from the preliminary estimate published
on April 25.


Read more at Bloomberg Bonds News

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