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South Korea Q3 GDP up 0.2 pct qtr/qtr, near 3-yr low

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SEOUL, Oct 26 (Reuters) - South Korea's economy grew by 0.2 percent in the July-September period over the previous three-month period, the central bank's advance estimates showed on Friday, roughly in line with the market's consensus forecast.

The seasonally adjusted reading compares with the median forecast in the Reuters survey that the export-reliant economy would expand by 0.1 percent in the third quarter after 0.3 percent growth in the April-June period.

It was the slowest quarterly growth since the fourth quarter of 2009 for Asia's fourth-largest economy as depressed exports to crisis-stricken Europe and cooling China hurt investment by companies within the country.

Private consumption grew by a seasonally adjusted 0.6 percent in the third quarter after a 0.4 percent rise in the second quarter. Capital investment was down 4.3 percent after a 7.0 percent drop, the Bank of Korea's estimates showed.

Over a year earlier, South Korea's gross domestic product expanded by 1.6 percent, compared to a median 1.9 percent gain forecast in the Reuters survey and after a 2.3 percent year-on-year rise in the second quarter.

That brings the growth rate for the January-September period at an average of 2.2 percent on a year-on-year basis, Reuters calculation shows, compared with the central bank's downgraded forecast of 2.4 percent for the whole of this year.

(Reporting by Christine Kim; Editing by Choonsik Yoo)