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Mining and industrial production fell 3.0% MoM in October for the third straight month, the highest since a -7.7% decline in May last year, in the early stages of the coronavirus. The manufacturing average utilization rate was 71.1%, down 2.5%p from the previous month, and the production index for all industries in October decreased by 1.9% from the previous month, returning to the highest level..

Due to the expansion of the corona money supply, the inflation rate was greater than the economic growth rate, the income growth rate decreased, and the import growth rate exceeded exports. Compared to the economic growth rate of 0.8% in the second quarter, the CPI rose more than 2% for five consecutive months from April (2.3%), and in August, it increased by 2.6% compared to the previous year. ..

Deputy Prime Minister Hong Nam-ki and Bank of Korea Governor Lee Ju-yeol agreed to an increase in inflation through a high-growth system that took advantage of the large-scale economic stimulus of the United States, and showed the strengthening of the rent-for-profit economy by maintaining low interest rates. The Bank of Korea announced on the 2nd that Deputy Prime Minister Hong and Governor Lee..

As employment was reorganized to focus on simple labor jobs, Deputy Prime Minister Hong Nam-ki revealed that the digital economy was accelerated in the recovery of the economy, and the growth of classification was deteriorating. In April, most of the employed (652,000) were reorganized from simple labor to those in their 60s or older, and simple labor became the highest in the increase rate (13...

The ‘compressed growth distribution’ of the Cold War-dependent Park Chung-hee regime was restored as the consumption of the high-income class increased and asset prices rose sharply due to the high export dependence of the bureaucracy. Acting Prime Minister Hong Nam-ki announced on the 11th that “We will focus on reinforcing import and output, which is driving a fast and strong rebound,” posting..

While a credit loan amounting to 400 billion won was issued to the inheritance of the Samsung Group, where the Corona special was concentrated, loan restrictions began on self-employed people in the corona stagnation. Newsis reported on the 30th, “It is known that it has received a credit loan of 400 billion won from a commercial bank to pay 2 trillion won in Samsung inheritance tax, which is a ..

The gap between the rich and the poor widened due to the economic recession and the oversupply stimulus, the polarization of the luxury market and the low-cost market progressed, and the government started a policy to regulate household loans. Imports of imported cars and high-priced consumer goods from Europe surged, and imports in the first quarter surged 12% year-on-year, and new loans for se..

The government announced a speed battle for 1.5 million vaccinations a day, widening the gap between officials and the public in health information, and excluding the responsibility of the dead, foretelling to neutralize the “adverse reaction monitoring system”. Acting Prime Minister Hong Nam-ki announced “more than 1.5 million vaccinations per day” under the joint name of the ministers of the r..