The Bank of Korea says the South Korean economy grew by zero-point-six percent in the third quarter of this year from the previous quarter.

The BOK said Friday that the country’s GDP, which was seasonally adjusted for inflation, amounted to 377-point-645 trillion won in the July to September period.

It is a zero-point-one percentage point lower than the figure suggested by the central bank’s preliminary data released late last month.

It also marks the fourth consecutive quarter the South Korean economy recorded less than one percent on quarter growth, following a zero-point-eight percent rise in the second quarter, raising concerns that the country will remain in a low-growth trap for the time being.

With the exception of the third quarter of last year, which saw a one-point-two percent hike in GDP, the country’s GDP growth remained in the zero percent range since the second quarter of 2014.

The manufacturing industry contracted by zero-point-nine percent, its worst performance in seven-and-a-half years, due mainly to the massive recall of the Galaxy Note 7 by Samsung Electronics and labor strikes at automakers.

South Korea’s real Gross National Income(GNI) posted another zero-point-four percent decline in the third quarter. It is the first time the country’s real GNI fell for a second quarter in a row since the global financial crisis in 2009.