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Recovery of Private Consumption Needs More Expenditure by High-income Group

Recovery of Private Consumption Needs More Expenditure by High-income Group

SEOUL, Dec. 6 (Korea Bizwire) — The high-income group should spend more to revive South Korea’s public consumption amid the COVID-19 pandemic, a report said Sunday. Public consumption has recovered slightly from the second quarter of the year, but it is still lackluster compared with before the new coronavirus pandemic occurred, said the report by [...]