The preliminary reading for 2024 Q4 GDP from South Korea is not as strong as was expected.
+0.1% q/q
- expected +0.2%, prior +0.1%
+1.2% y/y is a big tumble from Q3
- expected +1.4%, prior +1.5%
The Bank of Korea estimates that GDP growth over 2024 as a whole will be +2% y/y.
