CORRECTED-UPDATE 1-S.Korea Q2 GDP bounces as public spending offsets private sector drag
South Korea’s economy swung back
to growth in the second quarter, dodging a technical recession,
although the expansion was mostly driven by government spending,
suggesting the central bank may need to cut rates again to stoke
demand.
to growth in the second quarter, dodging a technical recession,
although the expansion was mostly driven by government spending,
suggesting the central bank may need to cut rates again to stoke
demand.
Posted by Reuters