Ministry of Economy and Finance

The Consumer Price Index was 114.65(2020=100) in September 2024. The index increased 0.1 percent from the preceding month and rose 1.6 percent from the same month of the previous year. Please refer to the attached pdf for the full report.

Oct 02,2024

Ministry of Economy and Finance

The Ministry of Economy and Finance plans to issue Korea Treasury Bonds worth approximately 8,000 billion won in October 2024 through competitive bidding.   Auction Schedule, October 2024 (Unit: KRW billion) Name Auction Notice Auction Date Settlement Date Issue Dat...

Oct 02,2024

Ministry of Economy and Finance

The consumer price index (CPI) in September 2024 rose by 1.6% y-o-y, down 0.4%p from August (2.0%), reaching the lowest rate of increase in 3 years and 7 months (43 months) since February 2021 (1.4%). Despite the prolonged heatwave causing a rise in vegetable prices, overall pric...

Oct 02,2024

Ministry of Economy and Finance

On October 2, Deputy Prime Minister Choi Sang-mok convened the Ministerial Meeting on Economic Affairs and the first Ministerial Meeting on Investment Promotion at the Government Complex-Seoul to discuss the following agenda items:   1) Recent domestic economic trends and respons...

Oct 02,2024

Ministry of Foreign Affairs

1. The government of the Republic of Korea congratulates Ishiba Shigeru, President of the Liberal Democratic Party, on his election as the 102nd Prime Minister of Japan and the launch of the new Cabinet on October 1, 2024.2. The Republic of Korea and Japan, as partners that share...

Oct 01,2024

Ministry of Foreign Affairs

1. Minister of Foreign Affairs Cho Tae-yul attended the second Group of 20 (G20) Foreign Ministers’ Meeting on the sidelines of the 79th high-level session of the United Nations General Assembly, held on Wednesday, September 25, in the Economic and Social Council (ECOSOC) Chamber...

Sep 30,2024

Ministry of Health and Welfare

Korea-Sweden Discuss Cooperation in Health and Welfare   - Minister Cho KyooHong holds talks with Swedish Minister for the Elderly and Social Security, Anna Tenje -   Minister of Health and Welfare Cho KyooHong met with Anna Tenje, the Swedish Minister for the Elde...

Sep 30,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that it will actively promote Korea-Japan bio cooperation, covering areas such as verification, technology development, corporate collaboration, investment, non-clinical and clinical studies, and licensing, as...

Sep 30,2024

Ministry of Oceans and Fisheries

- Expressed intention to co-host the 4th UN Ocean Conference with Chile - Announced Korea's contribution to responding to sea level rise due to climate change The Ministry of Oceans and Fisheries (MOF) announced that Minister Kang Do-hyung will visit the United States to att...

Sep 30,2024

Statistics Korea

1. Production Trend □ The Index of All industry production in August increased by 1.2 percent from the previous month. □ The Index of All industry production in August increased by 1.1 percent from the same period of the previous year. □ The Manufacturing Production Inde...

Sep 30,2024