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01.08.201800:56:00UTC+00South Korea Exports Rise Less Than Forecast

South Korea's exports and imports grew at a slower-than-expected pace in July, data released by the Ministry of Trade, Industry and Energy showed Wednesday.

Exports climbed 6.2 percent year-over-year in July, below the 7.4 percent rise economists had forecast.

Imports registered a double-digit growth of 16.2 percent in July from a year ago, but slower than the expected spike of 17.0 percent.

The trade surplus came in at $7.01 billion in July versus the expected surplus of $6.8 billion.



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