Pantheon Macroeconomics - Korean GDP contracted by 1.4% quarter-on- quarter in Q1, erasing the 1.3% jump at the end of last year. The pullback was sharper than we expected, with the cliff-edge drop in private consumption, in particular, catching us by surprise.

Asia | 24 Apr 2020 Korea's Covid-19 Slump Will Evolve From Domestic- to Trade-Led in Q2
Korean GDP contracted by 1.4% quarter-on- quarter in Q1, erasing the 1.3% jump at the end of last year. The pullback was sharper than we expected, with the cliff-edge drop in private consumption, in particular, catching us by surprise.

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24 Apr 2020 Korea's Covid-19 Slump Will Evolve From Domestic- to Trade-Led in Q2

By Freya Beamish

Korean GDP contracted by 1.4% quarter-on- quarter in Q1, erasing the 1.3% jump at the end of last year. The pullback was sharper than we expected, with the cliff-edge drop in private consumption, in particular, catching us by surprise.

Posted: 24th Apr 2020 in 'Asia'

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