The Magazine for Asian Investors
South Korea’s Ministry of Trade, Industry, and Energy reported a double-digit increase in retail sales for August 2022, the sixth consecutive month of growth after the government eased Covid-19 measures. According to the report, sales at major online and offline…
South Korean central bank data showed Friday (Sept. 22) that pressure on South Korean producer prices eased in August. It was the first month in almost 2 years in which producer price inflation has eased. The producer price index rose…
According to the South Korean Customs Service, South Korea’s trade deficit in the first 20 days of September was $4.1 billion due to weak exports. In the same period last year, South Korea had a trade surplus of $1.17 billion.…
According to South Korea’s Ministry of Trade, Industry, and Energy, South Korean auto exports rose by double digits in August due to strong demand for cleaner cars. South Korean auto exports rose 35.9% year on year to $4.12 billion in…
The unemployment rate in South Korea fell to a record low in August, while the number of employers rose for the 18th consecutive month. The seasonally adjusted national unemployment rate fell to 2.5% in August from 2.9% in July. This…
The South Korean central bank (BOK) released a monetary policy report on September 8, which was submitted to the South Korean parliament, stating that high inflation in South Korea will last longer than expected. Economic players expect inflation to continue…
The South Korean central bank (BOK) has reported that South Korea is likely to run a trade deficit for some time. The country has been pressured by a global economic slowdown and high oil prices, with nearly 80% of the…
According to South Korea’s National Bureau of Statistics, the consumer price index (CPI) rose 5.7% year on year in August. This was a slower increase than in July (6.3%) and below analysts’ expectations of a 6.1% rise. South Korea’s CPI…
Export growth in South Korea slowed in August, while imports accelerated. That leaves the trade deficit at a record high and the won under pressure, which is at its lowest level in 13 years. Data from the Ministry of Commerce…
South Korea’s statistics bureau said industrial production, retail sales, and investment all fell simultaneously in July for the first time in three months as uncertainty abroad increased. Industrial production fell by 0.1% in July, following a 0.8% month-on-month increase in…
