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Games & Commerce

November consumer prices rise 2.4 percent as weak won impact builds

South Korea’s consumer prices increased 2.4 percent in November as the weaker won lifted petroleum and imported food prices. The National Data Office reported sharp gains in diesel and gasoline, while imported fish and fruit also rose. Living costs recorded their biggest increase since July last year. Core inflation gained 2.3 percent and the OECD-style core index rose 2.0 percent.

Games & Commerce

October online shopping hits record 23 trillion won

South Korea’s online shopping transactions exceeded 22.7 trillion won in October, the highest for any October. Food service spending increased due to coupon and local currency use on public delivery apps, while Tesla product releases lifted auto-related sales. Mobile shopping rose to 17.7 trillion won, representing 78 percent of the total. Cultural and leisure services fell amid fewer performances during a long holiday period.