so let’s start with the big economic
news of the day South Korea’s economy expanded just 0.4 percent on-quarter in
the july-to-september period that’s the same as the bank of Korea’s preliminary
forecast announced in October and lower than the 1% growth tallied in the second
quarter the central bank attributed the lower growth to sluggish investment and
consumption exports however they jumped 4.6 percent on-quarter the GDP deflator
which measures the changes in prices for all of the goods and services recorded
negative 1.6 percent and that’s the biggest fall in 20 years

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