Cabbage and Pork Prices Soar... Emergency for Consumer Prices [3-Minute Brief]

[At a Glance]
① Bank of Korea: Provisional Producer Price Index for June 2025
② Second Half Household Loan Growth Target Halved
③ KEPCO to Announce First Long-Term Power Distribution Plan Next Month

MARKET INDEX : Year to date

○The three major U.S. stock indices ended mixed in New York.

○Investors remained cautious amid corporate earnings announcements and news related to trade negotiations.

○The U.S. and China will discuss extending tariff reductions next week.

Top3 NEWS

■ Producer prices rebound after three months... Cabbage up 31.1%, pork up 9.5%

○International oil prices are rising, and prices of agricultural and livestock products are also increasing.
○Livestock products and services saw price increases, turning positive after three months.
○The direction of the producer price index has become highly uncertain.

■ Household loans halved, deposit and savings rates plummet... Internet banks urged to "find new revenue sources"

○In the second quarter, household loan growth dropped to around 1%.
○Market interest rates fell, leading to lower deposit and savings rates.
○Attention is shifting to non-interest income and loans to individual business owners.

■ "Let's overhaul everything" - 40 trillion won to be invested over 15 years... Power distribution investment shakes up the energy sector

○Investment in power distribution is surging due to the expansion of AI and renewable energy.
○Investment is expected to exceed 40 trillion won over the next 15 years.
○With rising demand for DC distribution, power equipment companies are responding actively.

Graphic News: Fierce battle for the 3200 mark... What are the downside risks for KOSPI?

○KOSPI has been fluctuating in the 3200 range for a week.

○While foreign investors continue to be net buyers, individual investors are increasing their selling.

○Sector rotation is expected to continue until August.

the Chart: "Selling out as soon as it's stocked"... K-ice cream taking over freezers worldwide

○Ice cream exports in the first half of this year reached $70 million, up 22% year-on-year.

○With growing demand for K-food, frozen dessert exports are also expanding.

Binggrae and Lotte Wellfood are stepping up efforts to target overseas markets.

Today's Key Schedule

○Domestic

Douinsys to be listed on KOSDAQ, final offering price 32,000 won

Daehan Shipbuilding subscription on KOSDAQ, final offering price 50,000 won

06:00 Korea Consumer Confidence Index (July)

○Overseas

14:00 Singapore Core Consumer Price Index (YoY) (June)

18:30 Germany 10-year Bund auction

23:30 U.S. crude oil inventories

23:30 U.S. existing home sales (June)

◇Lunchtime & Evening Commute Weather

○Lowest temperature: 25°C (▼1°C) ｜Highest temperature: 33°C (▲2°C)
○Precipitation probability: 20% in the morning | 20% in the afternoon
○Fine dust: Good in the morning | Good in the afternoon

Just 3 minutes for all you need to know - essential, cost-effective economic news. Published daily at 8:00 AM.