Industry Ministry asks local oil refiners to avoid price hikes

The Industry Ministry on Tuesday asked local oil refiners to avoid excessive price hikes amid heightened energy price volatility and escalating uncertainties in the Middle East.

2024-10-29

Korea's gas prices drop while global crude soars

The average price of gas in Korea dropped to 1584.15 won ($1.17) per liter on Tuesday.

2024-10-08

Food transactions rise despite challenging conditions

Supermarket sales are growing, with online food transactions reaching 27.78 trillion won.

2024-09-23

Fruit prices to remain stable: KREI

The prices of fruits such as apples, pears and grapes are expected to remain stable this month, and fall from a year ago, as production increases, according to a report the Korea Rural Economic Institute released Tuesday.

2024-09-03

Inflation kills

A government fails if it cannot solve inflation no matter how well it does in other areas.

2024-07-16

Alarming signs of rebounding apartment prices

The briskness of the apartment market is out of sync with the dreariness of underlying economic fundamentals

2024-07-09

How to distort a pricing structure

We cannot go on sustaining our society at the expense of the public sector and future generations.

2024-07-03

Monetary tools can’t tame climateflation

‘The time has come for us to consider what kind of structural solutions we really need to tackle the climate challenge.’

2024-06-23

Watch the upturn in housing prices

The government must lay out its supply action plan, lift unnecessary regulations and strengthen measures to prevent rent fraud to create an aggressive policy mix to stabilize demand and supply.

2024-06-18

Gangnam prices keep soaring as gov't squabbles over real estate tax

Korea's real estate market remains polarized, with Gangnam's housing prices soaring while the rest remain stagnant. Legislators are considering easing regulations on real estate taxes as a consequence.

2024-06-10

korea joongAng daily