EconomySouth Korea’s GDP growth beats forecasts amid AI boom

South Korea’s GDP grew 1% quarter-on-quarter and 3.4% year-on-year in the third quarter, exceeding the Bank of Korea’s August forecast of 0.3% quarterly growth. Strong demand for AI-related semiconductors boosted exports, while private consumption fell 0.2%.

South Korea economyGDP growthAIsemiconductors

AAl Jazeera★★★☆☆2026-10-27 06:50Original