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Bank of Korea

Consumer Tendency Survey for May 2025

The Composite Consumer Sentiment Index (CCSI) for May 2025 stood at 101.8, 8.0 points higher than in April 2025. ※ Please refer to the attached files for details.

May 27,2025

Ministry of Science and ICT

Korea to Build Its 6th National Supercomputer in Partnership with HPE

- Equipped with 8,496 high-performance GPUs to support AI-powered science and technology (AI+S&T) research - HPE selected as final contractor after six rounds of bidding, with a contract valued at KRW 382.5 billion - Korea to build a supercomputer expected to rank amo...

May 26,2025

Ministry of Science and ICT

Government Unveils Plan to Secure 10,000 Advanced GPUs and Launch CSP Recruitment

- Backed by a KRW 1.46 trillion supplementary budget, MSIT announces its “Advanced GPU Acquisition Strategy” - Strategic GPU procurement and phased deployment to begin in October, supporting national AI infrastructure needs On May 14, the Ministry of Science and ICT (Mini...

May 26,2025

Ministry of Trade, Industry and Energy

“K-FEZ Day in Europe” launches in London and Frankfurt

Korea’s Ministry of Trade, Industry and Energy (MOTIE) launched “K-FEZ Day in Europe” from May 19–23 in London and Frankfurt. Co-organized by MOTIE, the FEZ Planning Office, and the Korea Trade-Investment Promotion Agency (KOTRA), K-FEZ Day initially kicke...

May 23,2025

Bank of Korea

Producer Price Index - April 2025(preliminary)

□ The Producer Price Index decreased by 0.1% month-on-month in April 2025 ―in year-on-year terms it increased by 0.9%. □ The month-on-month changes in the major sub-indices are as follows: o Agricultural, forestry & marine products: -1.5% o Manufacturing products: ...

May 23,2025

Ministry of Trade, Industry and Energy

Korea leads mock drill with IPEF partners to enhance joint response against supply chain crises

Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that Korea, as chair of the Indo-Pacific Economic Framework for Prosperity (IPEF) Crisis Response Network (CRN), is holding a virtual supply chain emergency mock drill today to bolster IPEF partners’ coo...

May 22,2025

Ministry of Trade, Industry and Energy

Korea Trade Commission holds 460th meeting

The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE) held the 460th KTC meeting today at the Government Complex Sejong for deliberation and resolution on one anti-dumping investigation and received a report on the roll-out of three other anti-...

May 22,2025

Ministry of Land, Infrastructure and Transport

Decision on Google's Request for Taking High Definition Map of Korea Abroad Postponed

The National Geographic Information Institute (NGII, Director General CHO Woo-seok) under the Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) announced that it has decided to defer its decision on Google's request to take the high definition natio...

May 20,2025

Ministry of Trade, Industry and Energy

Korea’s automobile exports record $6.5 billion in April

Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced today that domestic automobile sales for the month of April 2025 logged 150,622 units, increasing month-on-month for the third consecutive month. Domestic sales advanced 6.7 percent year-on-year on the backs o...

May 20,2025

Bank of Korea

Household Credits in Q1 2025

□ Total household credits outstanding increased by 2.8 trillion won in Q1 2025 to stand at 1,928.7 trillion won as of end-March, with household loans totaling 1,810.3 trillion won and merchandise credits 118.5 trillion won. o Household loans increased by 4.7 trillion won dur...

May 20,2025