South Korean President Lee Jae-myung said in a national address on the first anniversary of former President Yoon Seok-yeol's imposition of martial law, that prices are currently “quite stable” and the economy is recovering rapidly. A rapid economic recovery is likely to put pressure on prices. The worst case scenario is when prices rise when the economy is weak, just like during the previous administration. Economic growth, market sentiment, and capital market recovery have all been faster than he expected. December 3 should be designated as “People's Sovereignty Day” and a public holiday to commemorate the overthrow of martial law.

South Korean President Lee Jae-myung said in a national address on the first anniversary of former President Yoon Seok-yeol's imposition of martial law, that prices are currently “quite stable” and the economy is recovering rapidly. A rapid economic recovery is likely to put pressure on prices. The worst case scenario is when prices rise when the economy is weak, just like during the previous administration. Economic growth, market sentiment, and capital market recovery have all been faster than he expected. December 3 should be designated as “People's Sovereignty Day” and a public holiday to commemorate the overthrow of martial law.