According to news reports, the Korean Bank (BK) released 26 days ago, with a preliminary accounting of a real GDP growth rate of 0.6 per cent in the third quarter of this year. With a sharp decline in exports, South Korea ' s economic growth rate fell to -0.3 per cent in the fourth quarter of 2022, and has maintained its economic growth momentum for three consecutive quarters since it entered the year. For its part, however, the Bank of Korea pointed out that, while the South Korean economy had maintained positive growth for three consecutive quarters, it was not yet known whether the rate of economic growth this year would reach the 1.4 per cent growth rate previously announced by the Bank of Korea throughout the year. When the Bank of Korea published its second quarter growth rate, it analysed that the third and fourth quarter growth rates would be around 0.7 per cent, respectively, to achieve 1.4 per cent growth this year. In addition, in the third quarter, real domestic gross domestic income in Korea increased by 2.5 per cent over the second quarter, with growth exceeding real GDP growth.