SOUTH KOREA’S ECONOMY CONTRACTED 0.86% IN Q2

Highlights:

• The South Korean economy has contracted in the second quarter (Q2) due to a sharp decline in the exports caused by the coronavirus pandemic.
• The South Korean economy has contracted 0.86 percent in the April-June period.
• South Korean exports have surged by 4.5 percent on-year in February which was followed by a decline of 0.2 percent in March.

The South Korea....