S. Korea's economic recovery pace 6th in G20

SEOUL, Oct. 4 (Yonhap) -- South Korea's economic recovery pace ranked sixth among
G20 economies in the second quarter, a government report said Sunday.

The average growth for the 20 leading world economies moved up 2.0 percentage
points in the April-June period compared to the previous quarter, while South
Korea posted gains of 2.5 percentage points, the Ministry of Strategy and Finance
said.
Turkey led the pack by reporting growth of 6.4 percent, followed by Mexico,
Japan, Germany and South Africa.
Mexico's growth moved up 4.7 percentage points compared to the January-March
tally, with Japan posting gains of 3.9 percentage points.
The ministry in charge of the country's economic policy said South Korea's
on-year growth reached 2.6 percent, three times greater than the G20 average of
0.8 percent in the three-month period.
It said the 2.6 percent growth placed the country sixth among G20 countries, with
only newly industrialized countries doing better.
China grew 7.9 percent on-year in the cited period to rank first, followed by
India, Indonesia and Turkey.
Countries like Japan grew 0.6 percent, while Germany and France reported economic
gains of 0.3 percent each.
yonngong@yna.co.kr
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