Consumers look for cheaper Chuseok gift sets amid inflation woes
Published: 01 Sep. 2024, 18:23
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- LEE JAE-LIM
- lee.jaelim@joongang.co.kr
![A customer passes by a Chuseok gift section at a discount store in downtown Seoul on Sunday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/09/01/73aa72e8-92e2-433c-9c3d-592d07dfdc9f.jpg)
A customer passes by a Chuseok gift section at a discount store in downtown Seoul on Sunday. [YONHAP]
A customer passes by a section displaying Chuseok holiday gift sets at a discount store in downtown Seoul on Sunday.
Amid high inflation and the economic slowdown, people are tending to purchase cheaper gift sets, according to industry sources.
Data has shown that purchasers gravitated towards cheaper holiday gifts during the preorder period, resulting in a decrease in consumer spending.
with the Korea JoongAng Daily
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