Economy
Written: 2023-01-02 15:13:20 / Updated: 2023-01-02 15:26:47
A new report by the central bank shows that every one-percentage-point increase in the senior population will lead to a five-point-nine-percent ...
Economy
Written: 2023-01-01 11:27:10 / Updated: 2023-01-01 13:13:47
The nation logged a record trade deficit last year, and the first in 14 years, due to high energy prices.
According to data by the Ministry of Trade, ...
Economy
Written: 2022-12-30 11:33:42 / Updated: 2022-12-30 11:44:16
The government has decided to raise electricity prices by nine-and-a-half percent while freezing residential gas costs for the first quarter ...
Economy
Written: 2022-12-30 09:44:11 / Updated: 2022-12-30 12:06:31
The nation's housing sales halved through November this year from a year earlier with a housing market freeze amid rising interest rates and the ...
Economy
Written: 2022-12-30 09:06:57 / Updated: 2022-12-30 10:18:44
Consumer prices rose five-point-one percent this year, the most in 24 years.
According to Statistics Korea on Friday, the country's consumer ...
Economy
Written: 2022-12-29 15:39:17 / Updated: 2022-12-29 15:46:42
The benchmark Korea Composite Stock Price Index(KOSPI) fell 44-point-05 points, or one-point-93 percent, on Thursday, closing the last trading ...
Economy
Written: 2022-12-29 14:44:13 / Updated: 2022-12-29 14:44:55
South Korea's export price index has fallen more than eleven percent on-year in November amid a drop in semiconductor prices due to a sluggish ...
Economy
Written: 2022-12-29 13:33:07 / Updated: 2022-12-29 14:28:17
The government is expected to announce electricity rate hikes on Friday that will go into effect in the first quarter of next year.
Speaking to ...
Economy
Written: 2022-12-29 11:18:45 / Updated: 2022-12-29 11:35:10
The government plans to execute more than 65 percent of the 2023 budget as quickly as possible to respond to a projected slowdown in the nation’s economy.
Finance ...
Economy
Written: 2022-12-29 09:02:00 / Updated: 2022-12-29 10:48:14
Industrial output increased for the first time in five months in November, but consumption declined for the third consecutive month.
Statistics ...