Anchor: South Korea saw the largest economic growth in five years in the third quarter on the back of improvement in the real estate market and as government policies on revitalizing consumer spending proved to be effective. 
Our Bae Joo-yon has more.
 
Report: South Korea's economy grew in the third quarter at the fastest pace in half a decade.

Bank of Korea data showed Thursday that the nation's gross domestic product (GDP) rose one-point-three percent in the third quarter from the previous quarter. 
 
It's the largest the economy has expanded since the second quarter of 2010 when it grew one-point-seven percent.
 
The figure also marked the first time for the nation’s GDP growth to break out of the zero percent range in six quarters.
 
The agricultural, forestry and fisheries sector saw production surge six-and-a-half percent and the construction sector five-point-six percent, leading overall GDP growth.
 
The manufacturing sector grew one-tenth of a percent despite a slump in liquid crystal display and shipbuilding thanks to growth in semiconductors and mobile phones.  
 
The central bank also said the nation’s real gross national income (GNI) surged one-point-four percent from the second quarter to stand at around 381 trillion won.
 
The nation’s GNI had posted the highest growth in five years and nine months in the first quarter, standing at four-point-two percent. However, in the following quarter, the figure had slipped one-tenth of a percent.
 
GNI is assessed to have turned around to growth in the third quarter thanks to high GDP growth and an increase in income from interests and dividends earned by South Koreans abroad.

Meanwhile, the nation’s GDP deflator, a gauge of the aggregate price level, rose two-point-six percent from a year ago, in the third quarter.
Bae Joo-yon, KBS World Radio News.