#CreditCardSpending

Yonhap Infomax Newsinfomaxkorea
2025-11-20

South Korea’s overseas check card spending hit a record high in October, driven by a surge in outbound travel during the extended Chuseok holiday, with major issuers seeing rapid growth in travel-focused card usage.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-20

South Korea saw 67,000 business closures in June, up 5,000 from the previous month, with the restaurant sector leading the increase; credit card spending rose overall but declined in key consumer sectors.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-06-22

South Korea's 20.2 trillion won supplementary budget aims to revive consumption, with early signs of recovery seen in sentiment and card spending; stimulus coupons and targeted support are expected to boost domestic demand, though inflation and global risks remain headwinds.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-06-18

South Korea’s consumer sentiment has rebounded since mid-May, with the Bank of Korea expecting gradual improvement in consumption amid supportive fiscal and monetary policies, while inflation is projected to stabilize near 2% despite structural headwinds.

en.infomaxai.com/news/articleV

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