South Korea economic growth slows

25 July 2012 Last updated at 20:56 ET


South Korea's export sector has been hurt by falling demand from the eurozone

South Korea's economic growth slowed in the second quarter, as investment dipped and its exports sector was hurt by the eurozone debt crisis.
Gross domestic product (GDP) expanded by 0.4% in the April to June period. In the previous three months it grew 0.9%.
The economy grew 2.4% from the same period the previous year.
The data may prompt the central bank, which cut interest rates earlier this month, to ease its policy further.
The Bank of Korea unexpectedly cut its key interest rate to

Chizony