SEOUL -- South Korea's economy contracted in the first quarter of this year, as exports dipped and a monthslong political crisis weighed on consumption, according to central bank data released Thursday.
Economy
South Korea Q1 GDP shrinks 0.2% as exports wane
Seoul boosts fiscal outlays to mitigate damage of domestic turmoil, trade tensions
A traditional market in Seoul on April 20: South Korea's monthslong political crisis weighs on consumption. (Photo by Yuichi Nitta)
Read Next
Latest on Economy
