- The Korean won has found some stability as the Bank of Korea delivers a market stabilization message. The won-dollar exchange rate fell to the 1,460-won level on the first trading day of the new year. - The government projects a 'sub-1% low growth' trajectory for this year, and based on past precedents of impeachment crises that had limited impacts on the real economy, it assesses that low growth is inevitable even when excluding the negative variable of current political instability. - Starting from the beginning of the year, consecutive price hikes on snacks, chicken, and cosmetics have prompted consumers to express concerns, saying 'everything seems to be rising except wages.' - Electric vehicle buyers can receive up to 5.8 million won plus additional subsidies, with youth first-time car owners eligible for an additional 20% support.
