This week, a series of key economic indicators will be released, offering insights into population trends, industrial activity, and business sentiment. The government is set to announce measures to stabilize prices and the supply of essential goods ahead of the Lunar New Year holiday. Meanwhile, the U.S. Federal Reserve’s interest rate decision looms as a major factor influencing financial markets.
On January 28, the National Data Center will publish the Population Trends for November 2025. Birth rates have risen consistently for 16 months since 2024, potentially leading to a second consecutive annual rise. However, the recent slowdown in growth raises questions about the sustainability of this recovery in births and marriages.
The same day, the government will unveil its strategy to ensure a stable supply of agricultural and fishery products for the Lunar New Year. In response to supply concerns due to the spread of avian influenza, 2.24 million fresh eggs will be imported from the U.S. Currently, a carton of eggs (30 large) costs about $5.40, roughly 20% higher than last year. All eyes are on how the government’s price-stabilization efforts will affect consumer costs.
The Industrial Activity Trends for December 2025 and the annual overview will be released on January 30. Recent months have seen volatile industrial production, particularly in the semiconductor sector. While overall industrial production rose 0.9% in November, retail sales plummeted 3.3% – the steepest drop in 21 months. Analysts are keen to see if this weak domestic demand persists in the annual figures.
Corporate sentiment indicators are also due. The Bank of Korea will release the January Business Survey Results and Economic Sentiment Index (ESI) on January 2. December’s all-industry Business Survey Index hit 93.7, a 17-month high. The latest survey will reveal if the boost from semiconductor exports and year-end demand has continued.
Internationally, the Federal Reserve’s monetary policy decision is the focal point. The Fed’s two-day meeting concludes on January 29, with markets largely expecting rates to remain unchanged at 3.50-3.75%.
Another key development to watch is President Lee Jae Myung’s decision to appoint Lee Hye Hoon as Minister of Planning and Budget.
The National Assembly’s Finance and Economy Planning Committee held a confirmation hearing on Friday, scrutinizing allegations involving real estate transactions, gift tax filings, and staff-related controversies.
New questions about the candidate’s son’s college admission process have emerged, intensifying the debate over the appointment within and beyond the ruling party.