Seoul, March 10 (IANS) The South Korean economy expanded 1 per cent in 2025 amid strong exports but posted negative growth in the fourth quarter, central bank data showed on Tuesday.The country’s real gross domestic product (GDP) — a key measure of economic growth — contracted 0.2 per cent from the previous quarter in the October-December period, compared with its earlier estimate of a 0.3 per cent contraction, according to the preliminary data from the Bank of Korea (BOK).It marked the countr…
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Seoul, Jan 30 (IANS) South Korea’s industrial output grew at the slowest pace in five years in 2025, despite strong growth in the semiconductor industry, while retail sales and facility investment showed signs of improvement, government data showed on Friday.Industrial output gained 0.5 percent from a year earlier in 2025, slowing from a 1.5 percent increase the previous year, according to the data from the Ministry of Statistics and Data, reports Yonhap news agency.The 2025 figure marks the wea…