Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Industry experts predicts tough choices as NewJeans' ultimatum nears

    Industry experts predicts tough choices as NewJeans' ultimatum nears
  2. 2

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  3. 3

    Seoul city opens emergency care centers

    Seoul city opens emergency care centers
  4. 4

    Opposition chief acquitted of instigating perjury

    Opposition chief acquitted of instigating perjury
  5. 5

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  1. 6

    [Exclusive] Hyundai Mobis eyes closer ties with BYD

    [Exclusive] Hyundai Mobis eyes closer ties with BYD
  2. 7

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  3. 8

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
  4. 9

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  5. 10

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
지나쌤

Card spending soars 35% during Chuseok holidays

By Yonhap

Published : Oct. 15, 2017 - 14:27

    • Link copied

Credit and debit card spending in South Korea soared more than 30 percent over the recent extended Chuseok holiday season from a year ago, industry data showed Sunday.

A daily average of 191.8 billion won ($170.1 million) worth of purchases were made through credit and debit cards during the Sept. 30-Oct. 9 holidays, up 35.8 percent from the 141.2 billion won average tallied during the Chuseok holidays last year, which fell mid-September, according to the data compiled by KB Kookmin Card Co.

(Yonhap) (Yonhap)


The figures are also 37.5 percent higher than the 139.6 billion won recorded over the Lunar New Year holiday this year.

At the same time, overseas card spending also shot up 49.3 percent to 393.6 billion won from last year's Chuseok season, as a record-breaking number of people went overseas to enjoy the 10-day holiday.

According to separate data, an estimated 1.02 million South Koreans left the country during the period, compared with 322,000 last year. (Yonhap)

More from Headlines