South Korea saw a sharp decline in consumer sentiment in March due to concerns about rising produce prices, which has become a key issue ahead of the upcoming elections.
The consumer sentiment index fell to 100.7 from 101.9 in February, marking the largest monthly drop since October. Experts attribute the inflation to supply-side pressures, particularly higher agricultural prices.
Despite government efforts such as subsidies and tariff reductions, many consumers express doubts about the efficacy of these measures and call for more substantial support to stabilize prices and improve livelihoods.
주한싱가포르상공회의소 | 서울특별시 강남구 테헤란로 317 13층
대표자: Yong Wei Feng Justin | 연락처: +82-10-9832-9388
사업자등록번호: 401-82-11399 | 통신판매신고번호: 2024-서울마포-0433
Sponsor With Us
SingCham Korea will work with you from the planning stage of the event to maximise the impact of your sponsorship. Please contact the chamber if you are interested in sponsoring any chamber events by using the contact information.
