Korea's Growth Falls From Five-Year High as Property Boom Cools

  • Housing transactions slowing in fourth quarter hurt economy
  • Economy grew 2.6 percent in 2015 as exports slump persisted

Expect Korean Economy to Decelerate in 2016: HSBC

South Korea’s growth rate retreated from a five-year high as a surge in property transactions that supported the economy earlier in 2015 fizzled out.

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