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Single-person households in South Korea cut spending due to rising costs, impacting economic recovery.
The Bank of Korea reports that single-person households in South Korea, which now make up 35.5% of all households, have cut their spending due to rising housing costs and unstable jobs.
This trend, driven by delayed marriages and an aging population, has led to a significant decline in consumption, impacting the country's economic recovery.
The BOK calls for targeted policies to support these households.
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Los hogares unipersonales en Corea del Sur redujeron el gasto debido al aumento de los costos, lo que afectó a la recuperación económica.