Amid Challenges, South Korea’s Economy Weathers a Stumble

In the second quarter of 2024, South Korea’s economic growth decelerated, marking a notable shift in its economic trajectory. Reported by the Bank of Korea, the GDP expanded by only 2.3% compared to the same period in 2023. This figure fell short of the 2.7% growth anticipated by analysts. The quarter saw a 0.2% contraction, […]