Household Spending on Food, Hospitality Services Dips in Q4 amid Pandemic

SEOUL, March 11 (Korea Bizwire) — South Korean households’ spending on restaurants and hotels dropped in the fourth quarter of last year amid a resurge of coronavirus infections, central bank data showed Thursday. Household spending on eating out and hospitality services came to 18.9 trillion won (US$16.6 billion) in the October-December period, dropping below the [...]