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S Korea s consumer sentiment turns sour in September: BOK index

South Korean consumers turned pessimistic about overall economic conditions in September for the first time in four months, amid woes over weak exports and rising prices. The composite consumer sentiment index (CCSI) in September stood at 99.7, down 3.4 points from the 103.1 a month before, the Bank of Korea’s report showed Tuesday. “The concerns about the weak exports and contraction in purchasing power .

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South Korea s expected inflation up in Jan amid hike in utility fees

South Korea s expected inflation up in Jan amid hike in utility fees
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World News | South Korean Exports Expected to Continue to Decrease in Fourth Quarter

Get latest articles and stories on World at LatestLY. Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to decrease in chip exports, while imports such as crude oil and natural gas increased by 6 per cent. World News | South Korean Exports Expected to Continue to Decrease in Fourth Quarter.

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South Korean exports expected to continue to decrease in fourth quarter

Seoul [South Korea], December 2 (ANI/Global Economic): Export, which led the Korean economy for about 2 years after the COVID-19 pandemic, has decreased rapidly due to the global economic slowdown.

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Inflation expectations fall for second consecutive month in Sept : BOK data

Korea s inflation expectations declined for a second straight month in September amid falling oil prices, a central bank survey showed Monday.

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