The economy grew zero-point-one percent in the third quarter, falling short of expectations. 

According to data from the Bank of Korea on Thursday, the real gross domestic product expanded one-tenth of a percent in the July-September period, compared with the previous quarter.

The economy managed to grow in the third quarter after a zero-point-two percent contraction in the previous quarter, but fell short of market expectations for a zero-point-five percent gain due to slower exports. 

Exports decreased zero-point-two percent on-quarter, while imports increased one-point-six percent.

Private consumption increased zero-point-five percent, while facility investment expanded six-point-nine percent.