Yonhap News4/30/2026BusinessSouth Korea
Credit Card Spending in South Korea Rises 7.2% in Q1 on Wealth Effect
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Credit card spending in South Korea rose 7.2% year-on-year in the first quarter to 322 trillion won (US$219 billion), driven by a stock market bull run, strong corporate earnings, and higher oil prices, according to data from the Credit Finance Association.
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Credit card spending in South Korea rose 7.2% year-on-year in the first quarter to 322 trillion won (US$219 billion), driven by a stock market bull run, strong corporate earnings, and higher oil prices, according to data from the Credit Finance Association.
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This article was originally published by Yonhap News.
