(LEAD) S. Korea's GDP expands 1 pct in Q3 on strong exports, investment: BOK

What happened: South Korea's real GDP rose 1 percent in the third quarter from the previous quarter, driven by strong exports and investment, according to advance Bank of Korea data. Key numbers: Q3 GDP up 1 percent quarter on quarter, above the prior 0.6 percent and the BOK's August forecast of 0.3 percent. Year on year growth was 3.4 percent, down from 3.7 percent. Why it matters: With growth faster than expected, the BOK may raise its 3.3 percent growth forecast made in August, with new predictions due next month.

South Korea's real GDP rose 1 percent in the third quarter from the previous quarter, driven by strong exports and investment, according to advance Bank of Korea data.

With growth faster than expected, the BOK may raise its 3.3 percent growth forecast made in August, with new predictions due next month.