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Thursday, April 23, 2026
HomeBusinessSouth Korea economic growth roared past estimates in Q1, thanks to chips

South Korea economic growth roared past estimates in Q1, thanks to chips

SEOUL, April 23: South Korea’s economy beat expectations in the first quarter of 2026 to record the fastest growth since mid-2020, as booming semiconductor demand offset the drag of weak public spending, central bank data showed on Thursday. Gross domestic product expanded 1. 7 per cent in the January-March q

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