High inflation 10

Trade deficit doubled year-on-year, semiconductor exports plummeted by 40% ‘neighboring countries neglected’

The trade deficit doubled year-on-year in 40 days this year to reach $17.6 billion, while semiconductor exports plummeted by 40%, revealing the limits of high-price and low-growth economic policies caused by negligence in neighboring countries. The Korea Customs Service's trade balance from February 1 to 10 was $4.971 billion, and the trade deficit for 40 days from January 1 this year was $17.62..

경제 2023.02.13

Twin deficit, trade deficit Highest ever exchange rate 1,400 won to 144 yen to JPY

South Korea's exchange rate has entered the 1,400 won range from the largest trade deficit in history to a twin deficit, and the Japanese yen is continuing to break through the 144 yen per dollar level. Korea's trade deficit reached a record high of $9.47 billion in August, and the Bank of Korea announced for the first time the possibility of a current account deficit next month. After Chief Cab..

경제 2022.09.07

Asian Development Bank Korea's 'high inflation and low growth' trade deficit 'worsening'

The Asian Development Bank diagnosed Korea's high inflation and low growth in Asia as worse next year, and Korea's trade deficit is getting bigger under the strong dollar system. ADB revised its forecast for April in its 'Asia Economic Outlook (ADO) Supplement' on the 21st, maintaining a growth rate of 2.6% for Korea next year and raising the inflation rate from 2% to 3%. In China, the inflation..

카테고리 없음 2022.07.21

Low unemployment at high prices, hard landing in the US, followed by Korea

Low unemployment is “the most dangerous” for high inflation, and it is expected that a hard landing will be applied to Korea’s high-inflation and low-employment system following the US. Larry Summers, who served as Treasury secretary in the Democratic administration, argued that “inflation control requires an unemployment rate of at least 5%,” followed by a statement by the Congressional Researc..

카테고리 없음 2022.07.03

Recession Causes high inflation through fiscal expansion in response to reduced exports

While the government took an approach to induce high inflation by choosing to stimulate the economy by relying on fiscal expansion despite increasing inflationary pressure, the United States chose to respond to inflation when wage growth fell far short of inflation. President Yoon Seok-yeol said at a macro-financial review meeting on the 13th, "The financial and foreign exchange market volatilit..

카테고리 없음 2022.05.13

Choo Kyung-ho Fine-tuning macroeconomic high inflation, finance monopolized by bureaucrats ‘national interest’

Deputy Prime Minister nominee Choo Kyung-ho announced that he would respond by fine-tuning the high inflation system caused by macroeconomic cycles, and that finance would be managed by a bureaucratic monopolistic “national interest” system. At a press conference on the 10th, nominee Chu said at a press conference on the 10th, "I am trying to find a way to create a combination that has a minimal..

카테고리 없음 2022.04.11

Trade deficit widening Export growth and sharp decline The government’s ‘V rebound from stocks’

Exports increased by 15.2% in January, halving from 31.9% in November of last year, resulting in a trade deficit of $4.89 billion for the second month in a row. In the economic growth system of the corona stock economy rebound, the increase in imports is greater than the chronic exports, and the trade deficit and the fiscal deficit overlap, creating a twin deficit. According to the IMF data on t..

카테고리 없음 2022.02.01

Highest inflation rate in 30 years in the U.S. and China: 'Long-term' on all items

The U.S. and China both have the highest inflation rate in 30 years and are spreading to all items due to a surge in housing prices, and the prospect of a prolonged period is continuing. The index (PPI) rose 13.5% from the previous year, the highest since 26 years. China's consumer price index (CPI) rose 1.5% year-on-year in October, more than double the rate of increase from 0.7% in September. ..

카테고리 없음 2021.11.11

Increased currency supply, high prices, low growth stagflation due to rising oil prices

Monetary supply abuse and oil price rise are combined, leading to high prices and low growth due to stagflation. Inflation in April rose 2.3% year-on-year and 0.2% year-on-month in the consumer price index, exceeding the Bank of Korea's stabilization target of 2.0%, and rents rose the most since December 2017. In the rise of international oil prices, petroleum products rose 13.4% year-on-year an..

카테고리 없음 2021.05.04