Arab Today, arab today ratio of deficitridden korean households increases in second quarter
Last Updated : GMT 12:41:09
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Arab Today, arab today

Ratio of deficit-ridden Korean households increases in second quarter

Arab Today, arab today

Arab Today, arab today Ratio of deficit-ridden Korean households increases in second quarter

South Korea's market
Sejong - Yonhap

The proportion of households spending more than they take in inched up in the second quarter from a year earlier, government data showed Tuesday, suggesting that people are finding it harder to make ends meet amid slowing economic growth.
According to the data provided by Statistics Korea, the proportion of households whose consumption spending exceeded their disposable income stood at 23 percent during the April-June period, up 0.9 percentage point from a year earlier.

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