#Korean economy
Total 3 articles
EconomyEN
Bank of Korea Hikes Rates for the First Time in 3.5 Years: Borrowers Pay About $550 More, Savers Catch a Break
The Bank of Korea lifted its benchmark rate a quarter-point to 2.75%, its first increase in three and a half years. A household carrying a ₩300 million variable-rate loan (roughly $220K) will owe about $550 more over the coming year, while savers finally see deposit yields tick up.
EconomyEN
South Korea Retail Sales Index Plummets 14.1%: Sharpest Drop in 13 Years
South Korea's retail sales index for large discount stores fell 14.1% in November, the sharpest drop in 13 years, as online shopping transactions hit a record high.
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Seoyeon ParkEconomyEN
Chips Rise While Wallets Close: South Korea November Industrial Output Diverges
South Korea's industrial output rose 0.9% in Nov 2025 led by chips, but retail sales plunged 3.3%, the sharpest fall in 21 months. Read more on South Korea November industrial output.
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SP
Seoyeon ParkPRISM by Liabooks
PRISM
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