Korea’s Real National Income Rises 3.1 Percent as Terms of Trade Outpace 0.6 Percent Growth
South Korea’s real gross national income rose 3.1 percent in the second quarter while real gross domestic product rose 0.6 percent, the central bank said on Tuesday, confirming the growth figure it had already given in its advance estimate. Income grew 5.2 times as fast as output on our calculation. The bank explains the gap…
