Korea Joongang Daily
Korea JoongAng Daily

North Face's Korea operator to issue refunds after review discovers mislabeled 'goose down' products

The North Face’s operator in Korea said on Thursday that it would issue refunds after an audit found that 13 padded products were mislabeled as using goose down when they were filled with cheaper recycled duck down.

2025-12-04

Prices rise 2.4% in November as weak won sends petroleum, food costs soaring

Korea’s consumer prices rose 2.4 percent in November from a year earlier, posting the highest on-year increase of 2025 for a second consecutive month as the weakness of the won sent the prices of imported products soaring.

2025-12-02

Consumer prices rise 2.4% in November, surpassing 2% target for 3 consecutive months

Korea's consumer prices grew over the Bank of Korea's 2 percent target for the third consecutive month in November, largely due to sharp increases in agricultural and petroleum product prices amid a weak Korean won, government data showed Tuesday.

2025-12-02

Consumer sentiment highest since 2017 as 'trust in price stability' strong: BOK

Consumer sentiment rebounded sharply in November, reaching its highest level in eight years, as easing uncertainty over Korea-U. S. tariff negotiations and stronger-than-expected economic growth boosted confidence.

2025-11-25

Gov't urges recipients to spend any remaining consumer coupons

A large amount of government-issued consumer coupons remains unused ahead of the Nov. 30 expiration date, prompting officials to urge recipients to spend the funds before they are returned to state and local governments.

2025-11-25

Consumer sentiment hits 8-year high on U.S. tariff deal, robust Q3 growth

Korea's consumer sentiment rose to an eight-year high in November, buoyed by the country's tariff agreement with the United States and stronger-than-expected quarterly economic growth, the central bank said Tuesday.

2025-11-25

Consumer coupons not the cause for inflation: Finance ministry

Consumer prices in Korea rose 2.4 percent in October from a year earlier — the fastest pace in 15 months — driven by higher costs for food and lodging. The government rejected claims that its consumer coupons contributed to the rise.

2025-11-04

Consumer sentiment dips for 2nd month amid tariff woes: BOK

Korea's consumer sentiment fell for the second consecutive month in October amid concerns over prolonged negotiations with the United States on its new tariff scheme and renewed tensions in Sino-U.S. trade relations, the central bank said Tuesday.

2025-10-28

Hana becomes 1st financial institution in country to establish consumer protection committee within board of directors

Hana Financial Group announced that it will become the first financial institution in Korea to establish a consumer protection committee within its board of directors, strengthening its oversight of consumer-related policies and governance.

2025-10-26

Gov't takes action as rising food prices aggravate inflation's pain

Rising food prices over the past five years have made inflation feel higher for consumers, prompting the government to step in with direct measures.

2025-10-08