South Korea GDP maintains 0.6% growth pace

SEOUL -- South Korea's economy maintained its growth clip in the final quarter of last year, though exports slowed.

The Bank of Korea, the country's central bank, announced quarterly growth of 0.6% for the fourth quarter, bringing the figure for all of 2023 to 1.4%. The latest reading followed 0.6% expansions in both the second and third quarters of last year.