South Korea Q4 Growth Forecast to be Just Above Zero

The quarterly growth of the South Korea from October to December is forecasted to reach just above zero according to the statement from the finance ministry official. This is just after the estimated forecast of the economic growth for the third quarter to be the quickest in more than seven years.  

Moreover, the fourth quarter growth will also be set more than zero because of relevant news and concentrate on the rise for the third quarter from a finance ministry official. The official also said that the growth for the full year is anticipated to reach close to 3.1 and 3.2 percent. Currently, the central bank foresees the growth by 3.0 percent for the year.