SKorea economic growth slows to 2.7 percent in 4Q, weakest expansion in 6 quarters

January 23, 2015 4:00 AM

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SEOUL, South Korea – South Korea's economy grew at its slowest pace in more than a year in the fourth quarter due to reduced government spending.

The Bank of Korea said Friday that Asia's fourth-largest economy expanded 2.7 percent from a year earlier in the October-December quarter.

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