[Photo] Electricity Rate Hike Announcement Delayed Again... "Decision to Be Made After the 12th"

The electricity rate increase for the second quarter has been postponed again. The government and the ruling party held a party-government council meeting on the 11th to decide the extent of the electricity rate hike for the second quarter, but they decided to delay the final decision until after the 12th. Initially, a proposal to raise the rate by 7 won per kWh (kilowatt-hour) was considered likely, but it is interpreted that the party and government are making last-minute adjustments to the increase amount. The photo shows an electricity meter in a residential area in Seoul on the 11th. Photo by Hyunmin Kim kimhyun81@