Breaking News

South Korea Gross Domestic Product (GDP) QoQ

Latest Release

Jun 01, 2023

Actual

0.3%

Forecast

0.3%

-0.4%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.

Importance:

Country:

Currency: KRW

Source: Korea National Statistical Off...

Release Date	Time	Actual	Forecast	Previous
Jun 01, 2023 (Q1)	19:00	0.3%	0.3%	-0.4%
Apr 24, 2023 (Q1)	19:00	0.3%	0.2%	-0.4%
Mar 06, 2023 (Q4)	19:00	-0.4%	-0.4%	0.3%
Jan 25, 2023 (Q4)	19:00	-0.4%	-0.3%	0.3%
Nov 30, 2022 (Q3)	19:00	0.3%	0.3%	0.7%
Oct 26, 2022 (Q3)	19:00	0.3%	0.1%	0.7%

News

Asian stocks battered by technology rout, weak economic data By Investing.com - Apr 24, 2023 1

Investing.com -- Most Asian stocks fell further on Tuesday, with South Korea’s KOSPI plummeting on a soft GDP reading, while losses in U.S. technology stocks spilled over into regional markets amid...

South Korea ducks Q1 recession as consumer spending supports GDP By Investing.com - Apr 24, 2023

Investing.com -- The South Korean economy grew largely as expected in the first quarter of 2023, avoiding a potential recession as steady private consumption helped offset a slump in capital...

Asia Stocks Rise on Pivot Hopes, China Hit by Weak Earnings By Investing.com - Oct 27, 2022 1

By Ambar Warrick Investing.com-- Most Asian stock markets rose on Thursday amid growing expectations that the Federal Reserve will pivot to a less hawkish stance in the face of an economic slowdown,...

Analysis

What Did Powell Say? By Marc Chandler - Dec 01, 2022

Asia Pacific stocks rallied on the heels of the surge in US equities. China’s CSI 300 led the large bourses higher with a 1% advance. Europe’s STOXX 600 is matching yesterday’s gain of a little more...

New Lockdown In China And Drop In South Korea's Chip Exports By Marc Chandler - Sep 01, 2022

The precipitous fall in equities continues while the dollar remains buoyant. NVIDIA's (NASDAQ:NVDA) warnings about US curbs on sales to China and the first drop in South Korea’s chip exports in two...

U.S. Dollar Jumps Back By Marc Chandler - Jul 26, 2022

With exception of Japan, Taiwan, and India, the large equity markets in the Asia Pacific region traded higher today. The Hang Seng led the move (1.65%) amid reports that Alibaba (HK:9988) will seek...

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