South Korean economic growth data for the January - March quarter of 2019
GDP (sa) -0.3% q/q (expected +0.3% q/q)
- worst since Q4 of 2008
+1.8 % for the y/y (vs. expected of +2.5%)
- slowest since Q3 of 2009
Private consumption (sa) +0.1% q/q
- slowest since Q1 2016
Construction investment (sa) -0.1 % q/q
Facility investment (sa) -10.8% q/q
- worst since Q1 1998
Its not surprising growth is slow in Korea (well, negative q/q), what with the trade wars and such. But, yeah, these are horrible numbers.
