[Economy pick] Trump's anxiety...Consumer Economic Outlook 'Worst'

2024.11.26. PM 5:11
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[Anchor]
It's time for Economic Pick, which kindly solves economic issues.

Reporter Lee Hyungwon is here.

Welcome.

Let's look at the first keyword and video first.

The outlook for the consumer economy is the worst?

[Reporter]
Yes, when I asked general consumers about the economy in the future, the outlook was pessimistic.

This is the result of the consumer trend survey released by the Bank of Korea today.

Among the items that make up the consumer sentiment index, the economic outlook for the future has fallen significantly.

In terms of the index, it was 74, the lowest since November last year.

In terms of the drop, it was the largest in two years and four months, down 7p from October.

The judgment on the current economy is worse than last month.

This perception also clouded the outlook for housing prices.

The house price outlook index fell for the second consecutive month, down 7p from October.

[Anchor]
Let's find out why the economic outlook is so bad.

[Reporter]
To know the reason, we need to look at the time when this investigation was conducted.

A survey of 2,500 households nationwide was conducted from the 12th to the 19th.

The results of the U.S. presidential election were released on November 6th.

The aftermath of former President Trump's re-election was reflected in the investigation.

It's the trade barrier that President-elect Trump put forward during the election.

Since we have vowed to raise tariffs, concerns have grown that our economy, which is highly dependent on exports, could be directly hit.

In fact, the Bank of Korea also analyzed the results of this survey in connection with the U.S. presidential election.

He explained that Trump's election strengthened the protectionist stance, reflecting concerns that our exports could slow down and the economy could slow down.


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