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Korea’s real GNI jumps 13.2% as wages fall and income gaps widen

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  • Korea’s semiconductor boom lifted real GNI while real wages declined for three consecutive months.
  • Real wages averaged 3.412 million Korean won in June, down 0.1% year-on-year.
  • Income quintile ratio reached 6.59 times, the highest level since the first quarter of 2020.
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Korea’s real GNI jumps 13.2% as wages fall and income gaps widen - CoinPost Terminal