South Korea's economy grew at a slower pace in the fourth quarter than three months earlier on decreased demand and construction investments, central bank data showed Wednesday. 
In the October-December period, the country's gross domestic product rose 0.4 % from the previous quarter, decelerating from a 0.6 % on-quarter expansion three months earlier, according to preliminary data from the Bank of Korea (BOK). 
Asia's fourth-largest economy grew 2.7 % in 2016 from a year earlier