South Korea GDP grew 1.1% qoq in Q4, supported by strong exports

<p>South Korea&#8217;s GDP grew 1.1% qoq in Q4, above expectation of 0.7% qoq. Momentum of the recovered was dampened, comparing to Q3&#8217;s 2.1% qoq, by second wave of coronavirus pandemic. Though, strong exports, which grew at 26-month high of 12.6% yoy in December, offset some weakness in private consumption. For the whole year, GDP contraction [&#8230;]</p>
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