household savings-pandemicHousehold excess savings up over 100 tln won during pandemic: BOK data SEOUL, July 24 (Yonhap) -- South Korean households have saved an additional 100 trillion won (US$77.7 billion) or over during the COVID-19 pandemic from before the pandemic on reduced consumption and increased government support, a central bank report showed Monday. Excess savings made from 2020-2022 totaled between 101 trillion won and 129 trillion won, according to the report published by the Bank of Korea (BOK).

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