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Korea's Q2 Household Income Rose, But So Did the Squeeze

Recent Blog Posts - Mon, 2026-08-31 10:42

Korea's average household income rose 4.5 percent year on year in the second quarter of 2026, reaching 5.29 million won ($3,810) a month, according to the Ministry of Data and Statistics (국가데이터처)'s quarterly Household Income and Expenditure Survey (가계동향조사), released August 27. Household spending grew 3 percent over the same period, to 3.99 million won.

Korea ticket scalping ban takes effect

Recent Blog Posts - Mon, 2026-08-31 10:40

Enforcement decrees for South Korea's ticket scalping (암표) ban took effect on August 28, closing the loophole that let scalpers escape punishment whenever they avoided automated purchasing software.

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