Inflation 69

Lee Chang-yong Low interest rate growth government ‘support’ Household debt ‘subordinated’

Candidate Chang-yong Lee for the governor of the Bank of Korea announced on the 1st that it was a ‘sub-priority’ in consultation with the Financial Services Commission for ‘mid- and long-term’ household debt through an interest rate reversal policy in ‘support through coordination’ of government growth by maintaining low interest rates. Candidate Lee told reporters on the first day of work, "The..

카테고리 없음 2022.04.01

IMF 'recession', OECD 'tax increase', growth-prioritized policymaker Lee Chang-yong appointed as BOK governor

The International Monetary Fund (IMF) has announced a recession in some countries due to declining growth rates and rising inflation during the Ukraine war. On the 24th, the Bank of Korea released data on 270,000 households with liquidity risk, with household debt reaching 1862.1 trillion won last year, up 7.8 percent from the same period last year, with corporate loans 1541 trillion won, a 25.5..

카테고리 없음 2022.03.24

Russian consumer price rises 9.2%, Japanese corporate price rises 9.3%

The Russian Bureau of Statistics announced on the 10th that the consumer price index (cpi) rose by 9.15% in February compared to the same month of the previous year, and inflation accelerated by 0.4 percentage points compared to January. The Bank of Japan announced on the 10th that the growth rate of the domestic corporate commodity price index (2015 = 100) in February was 9.3%, exceeding the 9...

카테고리 없음 2022.03.10

1 year KRW exchange rate rise 2.5 times higher than inflation, the yen weakened

The KRW/USD rate rose 9.2% in January and the consumer price rose 3.6% YoY, 2.5 times higher, suggesting a 4% rise in February prices. The U.S. trade deficit rose 26.9% year-on-year in January to a record $859.1 billion. Korea's import surge is expected to increase inflation and trade deficits due to economic stimulus strengthening policies, as imports of crude oil, gas and coal in January of $1..

카테고리 없음 2022.02.09

January Cost of living soared 4.1%, food 6%, electricity 5%, livestock production 11.5%

Inflation started in earnest with a 6.0% rise in the fresh food index. The Consumer Price Index of the National Statistical Office rose 3.6% in January, an increase of 3% for four consecutive months. Agricultural and fishery products, which led the inflation, rose 6.3%, and agricultural products rose 4.6%. Livestock products rose 11.5% from the previous year in pork (10.9%), imported beef (24.1%..

카테고리 없음 2022.02.04

Industry boom is seen, but stocks plunged due to inflation and exchange rate rise, V rebounded economy reversed

The exchange rate is rising as a side effect of the Corona stock rebound policy as industrial production and consumption are booming or stocks are crashing, causing inflation to increase and imports to overtake exports. On the 28th, the KOSPI index plunged 3.5%, and foreigners net sold more than 1.7 trillion won, and the KOSDAQ also plunged more than 3.7%, with foreign net selling of more than 2..

카테고리 없음 2022.01.28

Justice Party’s ‘Disguised Progressive Cooperation’ on the basis of armament reinforcement under the Moon Jae-in regime

The Justice Party seems to be making disguised progress by cooperating with the Moon Jae-in regime and its strategy based on armaments. On the 18th, Justice Party presidential candidate Shim Sang-jung said on CBS Radio about sympathy with the country, "I think it was the most painful mistake in politics in 20 years. So, I put everything I could to reform the electoral system, but it ultimately f..

카테고리 없음 2022.01.21

Korea's trade deficit presses interest rates on rising US inflation and unemployment

In the United States, the producer price index (PPI) rose 9.7% in December (compared to the previous year), and unemployment insurance claims in the first week of January increased by 23,000 from the previous week to 230,000. The U.S. Department of Labor announced on the 12th that the consumer price index (CPI) for December last year was 7%, the highest since 1982. The US CPI was 6.8% in Novembe..

카테고리 없음 2022.01.14

Accelerating high prices Agricultural products rent tax next year ‘imported raw materials rise’

As prices rise further in the second half of this year, rent and personal services will gradually add to the rise in agricultural products. Next year, prices of Chinese raw materials are expected to rise. The inflation rate in December was 3.7%, showing an acceleration in the second half of the year from 0.9% in January to 1% in February, 2% in April, 3.2% in October, and 3.8% in November. The B..

카테고리 없음 2021.12.31

Inflation rate rises, economic growth rate is down, V rebound adverse effect

The extent of inflation is gradually increasing and the economic growth rate is showing a clear downward trend, showing the adverse effect of the Corona V rebound and fiscal expansion.The CPI rose 2.3% in April, 2.6% in May, 2.4% in June, 2.6% in July, 2.6% in August, and 2.5% in September, up 3.2% in October and 3.7% in November. It recorded the highest rate of increase in 11 months in a year. ..

카테고리 없음 2021.12.02