Korea’s economy has grown 1.1 percent in the second quarter of the year from the previous quarter, the fastest growth in nine quarters, the Bank of Korea (BOK) said Thursday.
The figure far exceeded market forecasts.
The central bank said the second-quarter gross domestic product (GDP) growth was 1.1 percent from the January-March period, breaking the 1 percent mark for the first time since the second quarter in 2011 which saw 1.3 percent.