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South Korea’s second-quarter GDP growth hits decade high but risks loom FILE PHOTO: People wearing masks walk at Myeongdong shopping district amid social distancing measures to avoid the spread of the coronavirus disease (COVID-19), in Seoul, South Korea, May 28, 2020. REUTERS/Kim Hong-Ji July 27, 2021 By Cynthia Kim SEOUL (Reuters) – South Korea’s economy expanded at the fastest annual pace in a decade in the second quarter, thanks to a pick up in private consumption, though a resurgence of COVID-19 casts doubt over the outlook for growth for the rest of the year. Data from the Bank of Korea on Tuesday showed gross domestic product (GDP) grew 0.7% in the second quarter, after rising 1.7% three months earlier and matching 0.7% growth tipped in a Reuters survey.

Soult ukpyolsiSouth koreaCynthia kimSam holmesAlex holmesKim hong jiPark yang suMinister hong nam kiதெற்கு கொரியாசிந்தியா கிம்சாம் ஹோம்ஸ்அலெக்ஸ் ஹோம்ஸ்கிம் ஹாங் ஜிபூங்கா யாங் சுஅமைச்சர் ஹாங் நாம் கி