High Exchange Rate Drives Inflation... 2.4% Increase for Two Consecutive Months [3-Minute Brief]

[At a Glance]
① Consumer prices up 2.4% in November... Rice rises 18.6%, eggs up 7.3%
② Chicken weight labeling introduced... '990g' replaces 'one whole chicken'
③ Hong Kong high-rise fire alarm: Is Korea prepared?

MARKET INDEX : Year to date

○The three major U.S. stock indices rebounded.

○Risk appetite increased as Bitcoin recovered.

○Apple hit an all-time high.

Top 3 NEWS

■ November prices overall remain stable, but cost of living index rises 2.9%... highest in 16 months (Comprehensive)

○A combination of factors such as weather changes and exchange rates
○Cost of living, which is highly felt by consumers, saw a significant increase
○Petroleum products up 5.9%... highest in nine months

■ Kyochon and BBQ add 'gram (g)' labels to menus... Government mandates 'chicken weight labeling'

○Measures announced on the 2nd to address shrinkflation in the food sector
○12,560 franchise headquarters and outlets among the top 10 chicken brands
○Total chicken weight before cooking must be indicated

■ [Hong Kong Fire, What About Korea?] 43% of casualties during evacuation in Korea due to institutional shortcomings

○Despite advanced evacuation equipment and technology, there are no evacuation drills or education
○Both apartment fires and casualties are on the rise
○Safety measures have been strengthened, but blind spots remain

Graphic News: OLED technology leaves China behind... Samsung and LG hold 30% market share advantage

○Samsung and LG’s OLED sales market share is double that of China
○Securing technological edge through Apple’s new product supply, among other factors
○The gap in shipment-based market share is also narrowing despite China’s volume-driven strategy

the Chart: NextBiomedicals hits all-time high after listing

○Listed on KOSDAQ in August last year at an initial public offering price of 29,000 won
○On the 1st, the intraday high reached 91,100 won
○Improved performance driven by increased exports of endoscopic hemostatic agents

Today's Key Schedule

○Domestic

08:00 Korea GDP (QoQ) (Q3)

Eugene SPAC No.12 KOSDAQ subscription, final offering price 2,000 won

Pescaro KOSDAQ subscription, final offering price 15,500 won

Aegis KOSDAQ subscription, final offering price 15,500 won

Kyobo SPAC No.19 subscription, final offering price 2,000 won

Quadmedison subscription, final offering price 15,000 won

Kiwoom Hero SPAC No.1 subscription, final offering price 2,000 won

○Overseas

00:00 U.S. Construction Spending (MoM) (September)

00:00 U.S. Department of Labor JOLTS (Job Openings and Labor Turnover Survey) (September)

10:45 China Caixin Services PMI (November)

16:30 Switzerland Consumer Price Index (MoM) (November)

17:45 Italy Services PMI (November)

17:50 France Services PMI (November)

23:45 U.S. Markit Composite PMI (November)

23:45 U.S. Services PMI (November)

◇Lunch & Evening Commute Weather

○Lowest temperature: -8℃ (▼7℃) ｜Highest temperature: -3℃ (▼5℃)
○Precipitation probability: 20% in the morning｜10% in the afternoon
○Fine dust: Good in the morning｜Good in the afternoon

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