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SEOUL Women's James Hurst Jersey , Sept. 1 (Xinhua) -- Revised figure for South Korea's gross domestic product (GDP) grew 0.6 percent in the second quarter from the previous quarter, central bank data showed Friday.
The seasonally adjusted real GDP was 386.58 trillion won (344.48 billion U.S. dollars) in the April-June quarter, up 0.6 percent from the previous three-month period, according to the Bank of Korea (BOK).
The revised figure was unchanged from the preliminary GDP expansion unveiled in July.
The second-quarter growth was down from a 1.1 percent increase in the first quarter.
The growth rate of private consumption rebounded to 1 percent in the second quarter from 0.4 percent in the prior quarter Women's Brandon Carr Jersey , posting the highest in one and a half years.
The rate for government spending accelerated from 0.5 percent to 1.1 percent in the cited period, with the number for facility investment rising from 4.4 percent to 5.2 percent.
Investment in the construction sector inched up 0.3 percent in the June quarter, down from a 6.8 percent increase in the previous quarter.
During the April-June period, exports declined 2.9 percent on weak demand for automobiles and chemical products. Imports fell 1 percent on lower crude oil demand.
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NAIROBI Women's Danny Woodhead Jersey , Aug. 31 (Xinhua) -- The Kenyan economy has shown much resilience amid perceived political uncertainty, an official tasked with enhancing the country's image and national identity said on Thursday.
Brand Kenya Board (BKB) Chief Executive Officer Mary Luseka said the East African nation continued to show resilience owing to its well diversified economy, which is the fourth largest in Sub-Saharan Africa with a gross domestic product (GDP) in excess of 60 billion U.S. dollars.
"Over the last five years, Kenya has surpassed global and regional economic growth rates to emerge into an economy that ranks favorably among its peers. This has definitely positioned Kenya as an attractive investment destination Women's Maxx Williams Jersey ," Luseka said in a statement issued in Nairobi.
Luseka's statement came at a time when economic analysts are projecting a rosy outlook for Kenya's economy irrespective of the outcome of the ongoing presidential election petition hearing at the Supreme Court.
Share prices at the Nairobi Securities Exchange have in recent weeks gone up, with the Kenyan shilling gaining strength against the U.S. dollar.
The East African nation has established itself as a regional commercial hub, nurturing a stable economy with highly trained working force as well as a well developed industrial capacity.
Luseka also credited Kenya's positive performance to the calm and respectful conduct exhibited by Kenyans that has guaranteed continued economic activity, adding that this is a clear demonstration that Kenya's democracy has come of age and that the country's systems of governance are robust.
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