South Korea’s economic growth slowed in the second quarter due to slowed exports.
 
According to the Bank of Korea’s data on Thursday, the country’s gross domestic product(GDP) reached 386-point-five trillion won in the April-June period, up point-six percent.
 
The growth marked a one-point-one percent gain in the first quarter after hovering below one percent for six straight quarters since the fourth quarter in 2015, but fell below the one percent level again.
 
Domestic consumption increased point-nine percent in the second quarter from the previous quarter on increased consumption of electronic appliances and mobile phones, while exports decreased point-three percent on slowed shipments of transport equipment and oil and chemical products.
 
The nation’s real gross national income(GNI) remained unchanged at zero percent.