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Korea's economy grew at a slower-than-expected pace in the second quarter, due mainly to moribund construction investment.
The country's gross domestic product expanded 0.6 percent in the April to June period, down from a 1 percent on-quarter increase in the previous quarter.
Both facilities and construction investment swung to negative growth, fanning concerns that Asia's fourth-largest economy is losing steam
In order to meet its growth target of 2.9 percent for 2018, the Korean economy has to pull off some 1 percent on-quarter growth in both of the next two quarters.
The country's gross domestic product expanded 0.6 percent in the April to June period, down from a 1 percent on-quarter increase in the previous quarter.
Both facilities and construction investment swung to negative growth, fanning concerns that Asia's fourth-largest economy is losing steam
In order to meet its growth target of 2.9 percent for 2018, the Korean economy has to pull off some 1 percent on-quarter growth in both of the next two quarters.
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