Deputy Prime Minister Nominee Lee Hyungil: "Additional Chuseok Livelihood Measures to Be Announced This Week"

On-Site Visits to Inspect Supply of Holiday Essentials Before Chuseok
and Review Civil Livelihood Measures

Yonhap News Agency

Lee Hyung-il, the nominee for the position of Deputy Prime Minister for Economic Affairs and Minister of Economy and Finance, stated on September 7 that “This week, we will finalize and announce additional measures to supplement the ‘Chuseok Civil Livelihood Stabilization Plan,’ including discounts on agricultural, livestock, and fisheries products and expanded seafood supply.”

On that day, Lee visited Kkachisan Market, a traditional market in Gangseo-gu, Seoul, to inspect trends in the supply of Chuseok holiday necessities and review the implementation status of the Chuseok Civil Livelihood Stabilization Plan announced on September 1.

At the site, Lee emphasized, “The government will do its utmost to reduce the burden of household food expenses through increased supply and discount support for Chuseok goods.”

On September 1, the government announced that it would provide 180,000 tons of holiday essentials—a record quantity—and support discounts totaling 100 billion won for agricultural, livestock, and fisheries products, as part of efforts to stabilize Chuseok holiday prices.

According to the “August Consumer Price Trends” announcement by the Ministry of Data and Statistics on September 2, last month’s consumer price index rose by 3.1% compared to a year earlier. Due to the impact of the Middle East war, the rate had climbed from 2.6% in April to 3.1% in May and 3.2% in June, declined to the 2% range at 2.8% in July, but rose again into the 3% range last month.

Earlier, Lee participated in a roundtable with small business owners at the Digital Education Center of the Federation of Microenterprise Associations in Mapo-gu, Seoul.

Lee said, “To ease polarization in our economy, it is vital to support the management stability and growth of small businesses,” adding, “The government will make every policy effort so that the fruits of growth can reach all small business owners.”

This content was produced with the assistance of AI translation services.