[Economy 365]

Last year, it was found that the price of food and transportation, which is difficult to reduce consumption even if the price rises, increased significantly.

According to the National Statistical Office, the annual consumer price increase rate last year was 2.5%, the highest in 10 years since 2011 when it was 4%.

By purpose of spending, transportation 6.3%, food and non-alcoholic beverages 5.9%, and food and lodging 2.7%.

Food and non-alcoholic beverages, also called 'table prices', and transportation prices each showed the highest growth rates in 10 years.


The survey results showed that the rise in house prices nationwide this month fell to the lowest level in a year and eight months.

According to KB Real Estate's monthly housing market trend data, the average housing price nationwide rose 0.28% this month.

This is the lowest increase since May 2020, when it recorded 0.14%.

The rate of increase in house prices in Seoul slowed from 0.37% last month to 0.21% this month, in Gyeonggi Province from 0.57% to 0.25%, and in Incheon from 0.79% to 0.37%, respectively.


Six models of Hyundai Motor Company and Kia Motors were selected as the '2022 Most Valuable Automobile Award' by the US weekly magazine 'US News & World Report'.

Hyundai Motor Company and Kia Motors took first place in all SUV categories, which were given five awards, and hybrid and electric passenger cars.

The weekly magazine explained that the evaluation was comprehensively considered, not only in terms of vehicle quality and marketability, but also in used car prices and maintenance costs.


Ace Bed Chairman Ahn Yu-soo donated 150 million won worth of rice ahead of the Lunar New Year.

Ace Bed announced that Chairman Ahn donated 5,860 10 kg white rice to Seongnam City, Gyeonggi Province.

Chairman Ahn's donation in time for the Lunar New Year and Chuseok holidays is the 24th year, and the rice will be delivered to the elderly living alone and the heads of households of boys and girls.