Bank of Korea
Monetary Policy for 2025
□ The Bank of Korea (the “Bank”) will flexibly adjust the pace of Base Rate cuts in line with changes in economic conditions to ensure that inflation remains stable and downward pressures on growth are mitigated, while also paying attention to financial stability risk...
Dec 25,2024
Bank of Korea
Consumer Survey for December 2024
The Composite Consumer Sentiment Index (CCSI) for December 2024
stood at 88.4, lower than that in November by 12.3 points.
* Please refer to the attached files for details.
Dec 24,2024
Ministry of Foreign Affairs
Outcome of Korea-Japan Foreign Ministers’ Telephone Conversation
1. Minister of Foreign Affairs Cho Tae-yul had a telephone conversation with Japanese Minister for Foreign Affairs Iwaya Takeshi from 11:15 to 11:35 on December 23, 2024, and the two sides discussed Korea’s domestic situation and Korea-Japan relations.2. Minister Cho said that th...
Dec 23,2024
Ministry of Trade, Industry and Energy
Korea’s retail industry rises 8.0% in November
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea’s retail industry grew 8.0 percent year-on-year for the month of November 2024, with offline and online sales advancing 3.9 and 11.8 percent, respectively.
MOTIE's mo...
Dec 23,2024
Korea Disease Control and Prevention Agency
2023 Korea National Health and Nutrition Examination Survey Results Released
- The prevalence of cigarettes smoking decreased significantly over the past decade; however, dietary habits worsened, and the prevalence of obesity and hypercholesterolemia increased.
- The 2023 findings show a decline in hypertension prevalence, stagnation in drinking, phy...
Dec 23,2024
Cultural Heritage Administration
Geonwolleung Royal Tomb’s Goseok Meets the Public though a Special Exhibition
Geonwolleung Royal Tomb’s Goseok Meets the Public though a Special Exhibition - Introduction of the conservation process / Exhibition starts on December 24, 2024-Royal Palaces and Tombs Center of the Korea Heritage Service (Director Lee Jae-phil) holds a special exhibi...
Dec 23,2024
Ministry of Patriots and Veterans Affairs
South Korea Launches Committee to Host the 2029 Invictus Games at Daejeon
- the hosting committee for the 2029 invictus games was launched on december 20 in seoul.- chaired by the minister of patriots and veterans affairs, the committee comprises 27 members government and private sectors.- a letter of intent will be submitted in the first half of 2025...
Dec 23,2024
Bank of Korea
Producer Price Index - November 2024(preliminary)
□ The Producer Price Index increased by 0.1% month-on-month in November 2024 ―in year-on-year terms it increased by 1.4%.
□ The month-on-month changes in the major sub-indices are as follows:
o Agricultural, forestry & marine products: -3.6%
o Manufacturing product...
Dec 20,2024