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SEOUL Anthony Miller Bears Jersey , June 5 (Xinhua) -- The South Korean economy grew 0.9 percent in the first quarter, posting the identical figure with the prior quarter, central bank data showed Thursday.


Revised figure for real gross domestic product (GDP) expanded 0. 9 percent in the first quarter from three months earlier, according to the Bank of Korea.


It was the identical figure with the prior quarter and was unchanged from the preliminary reading. The GDP is the broadest measure of economic performance.


Economic activities among manufacturers increased 2.2 percent in the first quarter on a quarterly basis due to the growth in oil product, metal goods and electronic devices.


The construction sector advanced 1.2 percent during the quarter Jordan Howard Bears Jersey , with the service industry expanding 0.6 percent on the back of solid activities in the health and social welfare sectors.


Construction investment expanded 5.1 percent during the quarter, with investment in the intellectual property production jumping 6. 5 percent.


On the expenditure front, private consumption edged up 0.2 percent in the quarter, the lowest growth since the first quarter of last year. Facility investment declined 1.9 percent, the first fall in five quarters Roquan Smith Bears Jersey , on weak demand in the machinery sector.


The already sluggish consumer expenditure was expected to worsen further in the second quarter as consumer sentiment aggravated rapidly after the ferry sinking disaster.


The ferry Sewol capsized and sank off the southwestern coast on April 16, leaving more than 300 people, mostly high school students, dead or missing. Deep grief swept over the entire country, leading consumers to refrain from entertainment and travel.


Imports dipped 0.8 percent in the first quarter due to sluggish demand for chemical products and machinery Khalil Mack Bears Jersey , but exports, which account for around half of the economy, increased 1.5 percent.


Real gross national income (GNI), which gauges all income earned by South Koreans both at home and abroad, rose 0.5 percent in the first quarter from three months earlier Authentic Anthony Miller Jersey , the lowest growth in two years.


The quarterly growth rate of the GNI, or an indicator of purchasing power, continued to fall to 1 percent in the fourth quarter of 2013 after peaking at 1.9 percent in the second quarter.


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