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Current status of Korea’s shattered domestic market

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image text translation

mBL
news desk
I can’t close my old wallet, but I don’t have money to fill the tax ‘hole’
This year too, ‘tens of trillions’
Porridge_00
IEL
Palap topical 5@
Rainy day soup
talent
‘Bone
Kim Seon-soon / Market Merchant
Actually, I can’t say anything. The economy is bad. Gyeonggi is bad too
Prices are rising too much. No matter how much the government tries to increase,
This year too
Tens of trillions’ evaporation
~e7
Kang In-seon / Market Merchant
I have been working in this market for almost 8 years and the economy is like this year.
It’s really hard like this. Last year was difficult, but this year is even more difficult_
Retail sales index change rate {%1
Last year’s dormitory / 5 hands
02
decrease
-19
2nd quarter 2022
3rd quarter 2024
The retail sales index that can be used domestically is expected to increase after the inauguration of President Un.
It declined for 10 consecutive quarters until the third quarter of this year.
Kwon S
Average monthly disposable income per household [10,000 won; Statistics Korea]
397
404.4
404.6
396.4
3rd quarter 2023
4th quarter
Quarter 2024
2nd quarter
The amount of money available to households has remained stagnant for a year.
The burden of soaring prices is putting a strain on ordinary people’s wallets.
all:
This year too, ‘tens of trillions’
IIIDL
‘NEWSDES
Un Byeong-seon
Everything, including vegetables, is expensive. When there is a flash sale (at a large supermarket)
I buy it when that happens, but I don’t buy it because it’s expensive.
This year too, ‘tens of trillions’
IIL
VFW
‘Large tax revenue deficit’ for 2 consecutive years
However, the government does not have the ability to raise money:
By reducing the corporate tax framework for companies, the hole in tax revenue is eliminated.
This is because, after reaching 56 trillion won, it will reach 29 trillion won this year as well.
Here:
We need to pull out all kinds of ‘funds’ and block the money that has been drained.
On the side:
0 consecutive quarters
guafriga
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How serious is it that the self-employed domestic economy has been shattered?

The situation is more serious than the IMF situation.

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