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South Korea Q1 GDP Growth Exceeds Expectations

A man walks along the Cheonggye stream in central Seoul

South Korea's economy showed resilience in the first quarter of the year as its GDP growth surpassed all estimates, raising doubts about the need for further policy easing measures.

According to the latest data released by the government, South Korea's GDP expanded by a stronger-than-expected rate in the first three months of the year. This positive performance was driven by robust exports and solid domestic demand.

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