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Korea's October Economic Data: Reserves, Prices, Sales
South Korea's foreign reserves rebounded in October on foreign currency deposits, Yonhap reports. Consumer prices rose 2.8% year-on-year in October, remaining in the upper 2% range for a second consecutive month, according to KBS World and Business Korea, with the latter noting rising petroleum, processed food and dining-out prices despite declines in agricultural products. Kia's October sales rose 10.3% from a year earlier to 291,219 vehicles, driven by strong overseas SUV demand, Yonhap and Korea Times report. Household loans at five major lenders rebounded in October despite tightened rules and higher rates, Korea Times and Yonhap report. Monthly exports hit US$115.3 billion in October, Yonhap reports. The Bank of Korea sees consumer inflation remaining near 3% in November, Korea Times reports. Hyundai Motor rose to 29th in Interbrand's global brand ranking with a brand value of $25 billion, Korea Times reports. The Mirae Asset Park Hyeon Joo Foundation concluded its 29th Youth Shenzhen Trip on Nov. 3, Business Korea reports. Korean news outlets report these figures without commentary on the FX reserves rank; no blogs or cafés in the documents discuss the reserves ranking.
- Foreign reserves rebound in Oct. on foreign currency deposits
- Consumer Prices Rise 2.8% in October
- Kia's Oct. sales rise 10% on strong SUV demand
- Household loans again rise in Oct. despite tightened rules, higher rates
- (URGENT) S. Korea's monthly exports hit US$115.3 bln in October
- Korea's Consumer Prices Rise 2.8% as Government Rolls Out Kimchi Discounts
- Hyundai Motor rises to No. 29 in Interbrand's global brand ranking
- BOK sees consumer inflation remaining near 3% in November
- Mirae Asset Foundation Concludes 29th Youth Shenzhen Trip
- Kia's Oct. sales rise 10 pct on strong SUV demand
- Household loans again rise in Oct. despite tightened rules, higher rates


















