Seoul, July 23, 2025 (AFP) - S. Korea's economy grows 0.5% in second quarter despite trade tensions

NAMPA / AFP

2025-07-24

South Korea's economy grew 0.5 percent in the second quarter, the country's central bank said Thursday, as the Asian export giant grapples with renewed trade tensions. "Real gross domestic product (GDP) grew 0.5 percent compared to the same period last year," the Bank of Korea said, adding that it grew by 0.6 percent from the previous quarter. The quarterly gain exceeded the bank's May projection of 0.5 percent, driven by stronger private consump......

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