2021년 국내외 경제 주요 이슈: 국내 수출 호조.세계 공급망 마비와 인플레이션 공포
Time to hint again the highest headlinemakers of 2021.
It has been a bumper 12 months for the South Korean economic system.
The nation partially bounced again from the pandemic downturn… however nonetheless faces important challenges.
Min Suk-hyen turns the highlight to the highest BUSINESS tales of the 12 months… and what to anticipate forward.
In 2021… with the rollout of COVID-19 vaccines, the world’s economies began to open once more.
For essentially the most half, nations eased journey restrictions and resumed enterprise actions.
However the re-opening of economies left one main problem in its wake: world provide chain disruptions.
Whereas demand elevated, pandemic-related disruptions continued to have an effect on manufacturing… thereby main to produce shortages.
On the sidelines of the G20 Summit this 12 months, world leaders agreed to collectively tackle the disaster.
“Ending the pandemic is the last word key to unlocking the disruptions we’re all contending with. However we’ve to take motion now, along with our companions within the non-public sector, to scale back the backlogs that we’re going through.”
The provision chain glitches have pushed up prices of key commodities…and customers are feeling the pinch from greater costs.
“As a result of grocery buying is so costly, I am making an attempt to purchase objects which can be cheaper. In comparison with final 12 months, costs have risen a lot.”
“I refuel my automobile as soon as per week and I really feel it prices about 50-thousand gained greater than final 12 months.”
Shopper costs in January rose by solely point-6 % on-year.
Now, newest information reveals that shopper costs in November surged 3-point-7 %… marking the largest on-year soar in nearly a decade.
Inflationary pressures aren’t solely build up in South Korea, but additionally in different elements of the world.
Final month, U.S. shopper costs jumped by a staggering 6-point-8 % from a 12 months earlier… the best in 39 years.
Throughout the Eurozone, annual inflation surged to a document 4-point-9 % in November, fuelled by hovering power costs.
Specialists say the availability chain challenges and inflation pressures might last more…with the devastating blows from COVID-19 variants.
Wanting again, main financial indicators in South Korea have remained remarkably sturdy.
South Korea’s exports have risen for 13 months in a row… and in November exports topped 60 billion U.S. {dollars} for the primary time.
This 12 months’s commerce quantity additionally reached one trillion {dollars} in simply 299 days, the quickest ever.
President Moon Jae-in touted the nation’s efficiency, saying this 12 months will probably be recorded because the “12 months of commerce”.
“2021 will probably be recorded because the 12 months of commerce in our financial historical past. The nation has now change into the world’s eighth-largest buying and selling nation, shifting up one notch.”
To not point out, in January South Korea’s benchmark KOSPI broke above 3,000 for the primary time on the again of hopes for an financial restoration.
Employment figures have additionally been rising since March… and to this point they have been rising for 9 consecutive months.
Going ahead, the Finance Ministry expects South Korea’s economic system to develop 3-point-1 % in 2022, following sturdy exports and a rebound in home demand.
Personal spending is projected to extend 3-point-8 %, whereas exports are predicted to leap 2 % to a document excessive of 656 billion U.S. {dollars}.
Min Suk-hyen, Arirang Information.
#economic system #restoration #pandemic
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2021-12-28, 22:00 (KST)
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