Growth was 2.3% between April and June, compared with a year earlier. That is slightly lower than the central bank's earlier estimate of 2.4%.
Compared with the previous quarter, the economy expanded by 0.3%, also missing the earlier estimate of 0.4%.
The weak data may prompt policymakers to boost stimulus measures.
"The possibility that the simultaneous weakness in exports and domestic demand will continue in the third quarter is leading to expectations for a rate cut next week," said Lee Sang-jae, an economist at Hyundai Securities.
Source & Image : BBC
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