Category: korea

The Korean Statistical Office (통계청) has released the economic trends for July 2023. Here are the key highlights from the report: Industrial Production: Retail Sales: Investment: Economic Indicators: These figures provide insights into the recent economic performance of South Korea, showing both areas of growth and challenges. The decline in retail sales and certain sectors…

The preliminary results of Korea’s 2022 construction industry survey reveal significant growth in various key metrics, indicating a robust performance of the sector. Highlights from the survey include: Korea’s construction industry’s robust growth in various sectors, both domestically and internationally, underscores the sector’s resilience and positive trajectory in 2022. https://kostat.go.kr//board.es?mid=a10301010000&bid=237&act=view&list_no=426815&tag=&nPage=1&ref_bid=203,204,205,206,207,210,211,11109,11113,11814,213,215,214,11860,11695,216,218,219,220,10820,11815,11895,11816,208,245,222,223,225,226,227,228,229,230,11321,232,233,234,12029,10920,11469,11470,11817,236,237,11471,238,240,241,11865,243,244,11893,11898,12031,11825,246

A recent social survey has unveiled significant shifts in the mindset of Korean youth, offering insights into their perspectives on various aspects of life. 1. Family 2. Labor 3. Education and Health The findings from this comprehensive social survey provide valuable insights into the evolving perspectives of Korean youth on matters related to family, labor,…

The Korean wage labor market for the 1st quarter of 2023, based on data from February, exhibited positive trends. The total number of wage labor jobs in this period was recorded at 20.2 million, indicating an increase of 457,000 jobs compared to the same period last year. Details: Breakdown by Industry: Characteristics by Workers and…

In the second quarter of 2023, the regional economy in Korea exhibited a blend of growth and contraction across various sectors. Based on data from the Income Statistics Department, under the guidance of Manager Jo Seong-hyun, the following highlights emerged: These figures indicate a diverse economic landscape across different regions of Korea during the second…

The recently released “2023년 상반기 지역별고용조사 시군구 주요고용지표” report provides a comprehensive view of Korea’s employment landscape, with a focus on urban and rural dynamics. Employment and Employment Rate Highlights: Unemployment and Unemployment Rate Insights: Work Location Patterns: The “2023년 상반기 지역별고용조사 시군구 주요고용지표” report, led by 담당자전민엽, offers valuable insights into Korea’s employment landscape,…

The trends in the regional service industry and retail sales for the second quarter of 2023 in South Korea have been released. The report highlights notable variations in service industry production and retail sales across different regions. Regional Service Industry Production: During the second quarter of 2023, service industry production showed diverse trends across regions.…

https://kostat.go.kr//board.es?mid=a10301010000&bid=210&act=view&list_no=426594&tag=&nPage=1&ref_bid=203,204,205,206,207,210,211,11109,11113,11814,213,215,214,11860,11695,216,218,219,220,10820,11815,11895,11816,208,245,222,223,225,226,227,228,229,230,11321,232,233,234,12029,10920,11469,11470,11817,236,237,11471,238,240,241,11865,243,244,11893,11898,12031,11825,246

Seoul – South Korea’s industrial activity in June 2023 displayed a mix of growth and decline across various sectors, according to the latest report released by the Department of Industrial Trends. The report, which provides insights into the country’s economic performance, highlights both positive and negative developments. Production Sector The overall industrial production in June…

Online shopping transactions in South Korea reached KRW 18.4 trillion in June 2023, showing a 7.7% increase compared to the same period last year. Notably, mobile transactions accounted for KRW 13.4 trillion, reflecting a 5.8% growth. However, compared to the previous month, online shopping transactions decreased by 4.2%, with mobile shopping declining by 5.9%. Mobile…

The National Statistical Office has released the consumer price trends for July 2023, indicating a moderate increase in consumer prices compared to the previous month and the same period last year. Key Findings for July 2023: The consumer price trends for July 2023 indicate a moderate inflationary pressure on the economy, with certain categories experiencing…

In June 2023, the total number of individuals who moved within the country was 473,000, showing a decrease of 0.8% (4,000 individuals) compared to the same period last year. The population migration rate (number of movers per 100 people) was 11.3%, reflecting a decrease of 0.1 percentage point compared to the previous year. Among the…

Korea’s national balance sheet for the year 2022 has been released, showing promising results with a significant increase in national wealth. According to the preliminary data, the nation’s net assets, also known as national wealth or “국민순자산(國富),” experienced a 2.2% rise compared to the previous year, reaching an impressive 2,380 trillion won. This amount is…