Economic growth in South Korea accelerated

The South Korean economy expanded in the second quarter after it managed to avoid technical recession in the first quarter when it grew 0.1%. The economy was supported by consumer spending and improving manufacturing output, in addition to the government's stimulus plan and recovering exports. Economic growth in South Korea accelerated to 2.6% in the second quarter compared with 0.1% in the three months ended March. On the other hand, the economy contracted 2.2% from a year earlier in the