April to June quarter data from South Korea.
GDP +0.7% q/q (expected +0.4%, prior +0.6%
- +2.9% y/y (expected +2.5%, prior +3.0%)
An unexpected, but welcome, rate of acceleration in the economy in SK.
-
Some of the sub-measures:
- private consumption +3.0% q/q
- exports -3.1% q/q
- construction investment +0.6% q/q
- facility investment -1.0% q/q