South Korea Q3 GDP Beats Forecasts

South Korea economy grew faster than expected in the third quarter driven by surging semiconductor exports and facilities investment. Gross domestic product expanded 1.0 percent outperforming economist forecasts.

Workers clean the exterior of a building in Seoul, South Korea, June 10, 2025. REUTERS/Kim Hong-Ji

South Korea's GDP expanded 1.0% in the third quarter on surging chip demand, beating the 0.7% median forecast in a Reuters poll.

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