South Korea Slumps Into Recession

South Korea Slumps Into Recession

South Korea’s economy fell into a recession as it diminished in dimension for a second consecutive quarter, as the worldwide coronavirus pandemic took a heavy toll on the export-reliant country.

Sinful domestic product shrank by 3.3% within the second quarter from the prior quarter when it diminished in dimension 1.3%, Monetary institution of Korea files showed Thursday.

The most up-to-date discovering out—Korea’s…

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