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3.4% growth in the first quarter ‘Early interest rate cut’ is a headwind to the recovery of consumer sentiment Economic growth in the first quarter is dependent on consumer-driven securities firms' toutation of an interest rate cut in June and July, showing a headwind in the economic recovery. The ‘July interest rate cut and decline to 3.0% by the end of the year’ led by securities companies led..

Semiconductor-related stocks continue to fall, Korean government expects semiconductor exports to rebound this year While semiconductor-related stocks continued to decline at the beginning of the year as the possibility of an interest rate cut weakened, the Korean government announced a 2.4% economic growth forecast from an ‘export rebound’ due to the recovery of the semiconductor economy this y..

Data from the National Statistical Office was released on the 11th, showing that the unemployment rate rose to the highest level in 11 months in December of last year and the annual employment growth rate was the smallest in 21 months. According to data from the National Statistical Office, the seasonally adjusted unemployment rate for December was 3.3%, up 0.4%p from November's 2.9%, the highes..

The Bank of Korea's Consumer Confidence Index (CCSI) fell 1.3p MoM to 103.1 in February, while inflation expectations rose 0.1%p and the future economic outlook fell 2p MoM, showing a high-inflation and low-wage system. The Bank of Korea announced on the 22nd that in the consumer survey in February, the current living situation decreased by 1p from the previous month, and the outlook for living ..

The consumer price inflation rate exceeded the mid-2% range for two consecutive quarters, and the government announced that inflation will continue since October, predicting an increase for three consecutive quarters, followed by a decline in the stock market in October. The CPI rose from 0.6% in January, 1.1% in February and 1.5% in March to 2.3% in April, 2.6% in May, 2.4% in June, 2.6% in Jul..