S. Korea's economic growth hits over 2-year high in Q2
Sept. 5, 2013
The South Korean economy grew at the fastest pace in over two years in the second quarter, unchanged from an earlier estimate, due to increased fiscal spending, the central bank said Thursday.Korea's gross domestic product (GDP), the broadest measure of economic performance, expanded 1.1 percent in the April-June period from three months earlier, quickening from a 0.8 percent on-quarter gain in the first quarter, according to the Bank of Korea (BOK).The data confirmed that the second-quarter dat