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    Asia Daily Flash | 26 July 2012: Korea’s 2Q GDP falls short of estimates; The Philippines cuts rates; China unveils more fiscal support measures

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    Published on Wednesday, July 25, 2012

    Asia Daily Flash | 26 July 2012: Korea’s 2Q GDP falls short of estimates; The Philippines cuts rates; China unveils more fiscal support measures

    Summary

    Korea’s second quarter GDP came in below expectations (2.4% y/y, consensus: 2.5% y/y, BBVA: 2.6% y/y) as weak investment spending and consumption weighed on growth.

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    BBVA Research BBVA Research

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    120726_Asia_Daily_Flash_new_tcm348-347906.pdf

    English - July 25, 2012

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