South Korean President Yoon Suk-yeol is set to distribute consumer vouchers next month to stimulate the economy, with each citizen eligible for up to 10,000 New Taiwan Dollars. Recent data shows that consumer confidence in June hit its highest point in four years, yet many citizens express that they feel no tangible improvement due to inflation.

According to the Bank of Korea, the Consumer Psychological Index (CCSI) rose to 108.7 in June, an increase of 6.9 points from May, reflecting a general optimism about the economy. However, citizens are facing increased pressures from rising prices, such as the cost of instant noodles, which has doubled to at least 2000 won.

Furthermore, the data from the Korean Statistical Office indicates that noodle prices have risen by 6.2% compared to last year, significantly higher than the overall consumer price increase of 1.9%. Prices for various food items, as well as housing, have surged, intensifying the financial strain on the population. Many feel that government assistance measures have not effectively improved their quality of life.

In his inaugural policy speech, President Yoon emphasized that revitalizing the economy is the most urgent issue and that the government's initiatives aim to stimulate consumer spending and support small businesses while adjusting the minimum wage to offset rising living costs.