Bank of Korea
Interest Rates (Aug 2025)
□ In August 2025, the average interest rate on new deposits was 2.49%, down 2 basis points from the previous month.
― The average interest rate on outstanding amounts of deposits as of end-August was 2.08%, down 4 basis points from the previous month.
□ In August 2025, th...
Sep 30,2025
Ministry of Foreign Affairs
Outcome of Korea–Germany Foreign Ministers’ Meeting (September 27)
Minister of Foreign Affairs Cho Hyun held his first meeting with Federal Minister for Foreign Affairs of Germany Johann Wadephul on the morning of September 27 on the occasion of the 80th session of the United Nations General Assembly. The two ministers exchanged views on ways to...
Sep 28,2025
Bank of Korea
Business Survey and Economic Sentiment Index (ESI) for September 2025
□ The Composite Business Sentiment Index (CBSI) for all industries for September 2025 was 91.6, up 0.6 points from the previous month, but that for the outlook for the following month fell by 3.3 points to 88.5.
― In the manufacturing sector, the CBSI for September 2025 was 93...
Sep 26,2025
Ministry of Trade, Industry and Resources
KRW 96.1 Billion in Support for 16 Local Investment Companies
The Ministry of Trade, Industry and Energy (MOTIE, Minister Kim Jung-kwan) announced that at the 3rd Local Investment Promotion Subsidy Review Committee Meeting, held from September 18 to 19, it decided to provide KRW 96.1 billion in subsidies (including KRW 58.7 billion in natio...
Sep 25,2025
Ministry of Trade, Industry and Resources
Korea’s Retail Industry Grows 3.7% in August
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 24 that Korea’s retail industry grew 3.7 percent year-on-year in August 2025, with offline sales falling 3.1 percent and online sales rising 10.5 percent.
MOTIE's monthly retail sales figures are...
Sep 25,2025
Ministry of Trade, Industry and Resources
Private Sector Experts Propose Policies for Critical Minerals Recycling
The Private Expert Committee on Critical Minerals Recycling, which has been operating since April to support the growth of Korea’s critical minerals recycling industry, has identified 31 policy tasks under four key strategies—building industrial foundations, improving...
Sep 25,2025
Ministry of Data and Statistics
Internal Migration in August 2025
□ The number of internal migrants was 493 thousand persons in August 2025, which fell by 3.5% year-on-year.
□ In August 2025, the internal migration rate (the number of migrants per 100 population) stood at 11.4%, which went down 0.4%p year-on-year.
※ For more information...
Sep 24,2025