S. Korea’s Economic Growth Slows as Investment Slides

South Korea’s economic growth slowed as investment declined, increasing the likelihood of the central bank pausing interest-rate increases aimed at damping inflation.

Gross domestic product rose 0.5 percent in the three months through December from the previous quarter, when it advanced 0.7 percent, the Bank of Korea said in Seoul today. The median estimate of 12 economists in a Bloomberg News survey was for a