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Let's take a look at the effect of boosting consumption of the first disaster support fund that the government paid to all citizens in May.

In addition to government expenses of up to 1 million won per household, each of them was 14,200 billion won, each local government added additional subsidies to pay at the time, and it turned out that card sales increased by about 4 trillion won.

It is analyzed that households who received 1 million won spent 260,000 won to 360,000 won more than when there was no disaster subsidy, but sales did not increase significantly in industries that were hit hard by corona like restaurants.



Reporter Hwa Gang-yoon will tell you how to look at this in detail.



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Park Chun-soo, who runs an optician, the emergency disaster support fund in May was like a rain for a drought.



The number of customers increased, and many expensive products were sold, and sales jumped for a while.



[Park Chun-soo/Operation of glasses store: Most of them (disaster support fund) used it.

May is the most, so that the year's highest sales...

It is almost polar and polar, so it will be more than 50% difference in percentage terms.] The



increase in sales of emergency disaster support was more pronounced in durable goods such as clothes, furniture, glasses, and essential goods such as food.



On the other hand, the restaurant and face-to-face service sectors showed less sales.



[Young-joo Choi/Dajeong-dong, Sejong City: I don't think I spent that much more than usual.

I thought I should use it at a convenience store or a small supermarket because it shouldn't be in a large supermarket.]



The sales blow from the corona was concentrated in the face-to-face service and catering industries, but the effect of increasing consumption was seen by other industries.



[Yunhae Oh/KDI Research Fellow: In the situation of the spread of infectious diseases, there is a limit to preserving the sales of businesses that have suffered damage only by supporting the income of the whole country.

Therefore, direct income support is necessary for workers in the affected industry.] The



effect of the subsidy was about a month from May to the first week of June.



In addition to the 30% consumption boosting effect, the remaining 70% effect was analyzed to be used to increase debt repayment or savings.



(Video coverage: Kim Min-cheol, Video editing: Park Ji-in)