Seoul, Jan 23, 2025 (AFP) - Political crisis hits South Korea growth: central bank

NAMPA / AFP

2025-01-23

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law. "GDP in the fourth quarter expanded 0.1 percent quarter on quarter and 1.2 percent on year," the central bank said in a statement, the lowest quarterly growth rate of the year after Yoon attempted to suspend civilian rule D......

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