South Korean President Lee Jae-myung: South Korea's economic recovery may put pressure on prices to increase.

date
03/12/2025
South Korean President Lee Jae-myung said in a national speech commemorating the one-year anniversary of the declaration of martial law by former President Yoon Seok-yue, that currently the prices are "quite stable" and the economy is rapidly recovering. The rapid economic recovery could put pressure on prices. The worst scenario is when prices rise during a weak economy, as happened during the previous government. Economic growth, market sentiment, and the speed of recovery in capital markets are all faster than he expected. December 3 should be designated as "People's Sovereignty Day" and a public holiday to commemorate the overturning of martial law.