KoreaTimes(488) - Economy, Finance, page 6

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Finance

Economy

Mon, October 18, 2021 | 01:42

Job growth extended to 4th month in June amid economic recovery

South Korea reported job additions for the fourth straight month in June, data showed Wednesday, in the latest sign the job market has shown signs of improvements amid an economic recovery.

2021-07-14 08:48

Inflation growth hits over 2% for 3rd straight month in June

South Korea's consumer prices grew more than 2 percent for the third straight month in June on higher prices of farm and oil products, data showed Friday, underscoring expectations that a rate hike within this year may become more plausible amid an economic recovery.

2021-07-02 09:33

Delta variant threatens Korea's 'complete economic recovery'

Detected cases of the Delta variant of COVID-19 are increasing in Korea, prompting concerns that the government's economic growth targets may be seriously impacted.

2021-07-01 16:37

Exports spike 40% in June, extend growth to 8th month

South Korea's exports jumped 39.7 percent on-year in June to extend their gains to an eighth consecutive month on the back of a recovery in global business activities, which led to stronger demand for chips and automobiles, data showed Thursday.

2021-07-01 10:10

Industrial output rebounds in May, retail sales suffer biggest fall in 10 months

South Korea's industrial output bounced back in May, but retail sales fell by the most in 10 months in the latest sign that the recovery of private spending still remains weak amid the pandemic, data showed Wednesday.

2021-06-30 11:11

Seoul citizens' economic sentiment rebounds to pre-COVID-19 level in Q2: report

Seoul citizens' economic sentiment rebounded to near pre-COVID-19 levels in the second quarter, a report showed Monday.

2021-06-28 14:29

Bank of Korea chief signals rate hike within this year

Bank of Korea Governor Lee Ju-yeol said Thursday that the central bank will carry out its first post-pandemic rate hike within this year in a preemptive move to reduce a financial imbalance and keep inflationary pressure under control. “It is necessary to normalize monetary policy in an orderly manner some time not too late this year,” Lee said during a press briefing at the ...

2021-06-24 16:43

Home prices in Seoul double under Moon administration: study

The average sales price of apartments in Seoul has nearly doubled under the Moon Jae-in government, a civic group said Wednesday.

2021-06-23 11:31

Inflation fears weighing on Korean economy

The specter of inflation is looming larger and larger, with the nation's producer price growth hitting its highest level in nearly 10 years, amid soaring raw material and oil prices, fueled by a rebound in international trade. Given the fact that producer price increases are reflected in consumer prices with a time lag of a few months, inflation woes will further deepen in th...

2021-06-22 17:21

Value of household chores up 36% in 2019 from 5 years earlier

The value of household chores grew nearly 36 percent in 2019 from five years earlier, with men's participation in such work rising amid an increase in one-person households and double income families, data showed Monday.

2021-06-21 14:00

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