Thursday, August 25, 2016

Why Do Koreans Scrimp at Home But Spend Freely Abroad?

Household spending at home in the second quarter of this year fell to the lowest level ever, while credit card spending overseas reached a record high. The average propensity to consume — the spending money left over after standing costs — fell to 70.9 percent, which was a record low.

But Korean … …read more

Source:: Chosun Ilbo



Why Do Koreans Scrimp at Home But Spend Freely Abroad?

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