| Mobile Web

Search results for National Data Agency

Industry

Samsung Electronics bets on newlywed appliances, says next 2 years are crucial

Samsung Electronics is stepping up a campaign aimed at newlyweds, promoting its premium Bespoke AI lineup and including its Micro RGB TV. The push comes as South Korea’s number of marriages rose to 240,000 last year, the highest in seven years, and the share of births within two years of marriage increased to 36.1 percent. Samsung is highlighting AI features designed to reduce household chores and tailoring product options for different housing types.

Finance

High oil prices, weak won and rising prices put Bank of Korea monetary policy at crossroads

Oil prices and the won-dollar exchange rate have pushed up energy costs, adding to inflation pressure and putting the Bank of Korea’s monetary policy at a crossroads. March consumer prices rose 2.2 percent from a year earlier, with petroleum product prices up 9.9 percent. A rate hold at 2.50 percent is widely expected at the April 10 meeting, but analysts see a chance of a hike later this year if supply-driven inflation persists.

General News

March consumer prices rise 2.2 percent; oil products jump 9.9 percent amid Middle East shock

South Korea\'s consumer prices rose at the fastest pace in three months in March, as higher oil product prices began to feed through and the impact of a weak won persisted. The consumer price index rose 2.2 percent from a year earlier. Oil products jumped 9.9 percent, adding 0.39 percentage points to overall inflation, led by diesel and gasoline. Falling agricultural prices helped curb price gains overall.