Ministry of Economy and Finance

The Consumer Price Index was 114.69(2020=100) in October 2024. The index remained unchanged from the preceding month and rose 1.3 percent from the same month of the previous year. Please refer to the attached pdf for the full report.

Nov 05,2024

Ministry of Economy and Finance

The consumer price index (CPI) in October 2024 rose by 1.3% y-o-y, down 0.3%p from September (1.6%), reaching the lowest rate of increase in 3 years and 9 months (45 months) since January 2021 (0.9%). This is due to the expanded decline in petroleum prices (-2.3% m-o-m, -10.9% y-...

Nov 05,2024

Ministry of Agriculture, Food and Rural Affairs

Cumulative Exports of Korean Agri-food Products Reached Record High of USD 8.2 Billion from January through OctoberSejong, 5 November 2024 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that the yearly cumulative value of exports of Korean agri-food ...

Nov 05,2024

Financial Services Commission

The Financial Services Commission announced that a revision bill for the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) was approved by the government at the cabinet meeting held on November 5. This revision intended to strengthen the disc...

Nov 05,2024

Ministry of Environment

▷ Providing rapid and accurate flood risk information to the public using smart digital technologies such as artificial intelligence (AI) flood forecasting, navigation guidance, and flood-prone area notification messages▷ Securing flood control capacity through proactiv...

Nov 05,2024

Ministry of Foreign Affairs

1. On November 4, Minister of Foreign Affairs Cho Tae-yul of the Republic of Korea (ROK) and High Representative of the European Union (EU) for Foreign Affairs and Security Policy Josep Borrell held the first ROK-EU Strategic Dialogue in Seoul. They discussed a wide range of topi...

Nov 04,2024

Ministry of Land, Infrastructure and Transport

The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) has additionally reduced greenhouse gas emissions by 32,667 tons CO2eq* through the Greenhouse Gas Emissions Targets 2023 in Transportation Sector (excluding shipping and ports). * Carbon di...

Nov 04,2024

Ministry of Trade, Industry and Energy

Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea met Saad Sherida Al-Kaabi, Qatar’s Minister of Energy and the President and CEO of QatarEnergy, today in Seoul for the Korea-Qatar Energy Ministers’ Meeting. As of 2023, Qatar is Korea’...

Nov 04,2024

Ministry of Patriots and Veterans Affairs

the ministry of patriots and veterans affairs minister kangjung-ai announced that lieutenant baldomero lopez of the u.s. marine corps has been ed as the korean war hero of november 2024 for his extraordinary courage and self-sacrifice during the battle of inchon on september 15, ...

Nov 03,2024

Ministry of Patriots and Veterans Affairs

the ministry of patriots and veterans affairs minister kang jung-ai announced the ion of choi se-yun, jeong won-jip, and kim youngbaek as the independence activists of november 2024. these individuals were honored for their steadfast patriotism and dedication to safeguarding kore...

Nov 03,2024