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Sales in Seoul’s business district last year, which suffered from the new coronavirus infection (Corona 19), were found to be down about 10% compared to the previous year. The amount exceeds 9 trillion won. The number of bus passengers decreased by 24%, which intensified management difficulties in the bus industry.
As a result of analyzing the impact of Corona 19 by the city of Seoul on the 10th using big data such as Shinhan Card and Korea Credit Bureau (KCB), Seoul store sales were 9.359 billion won (9.9 billion won). won) compared to 100.3288. 1 billion won in 2019%) decreased.
There was also a period when sales increased considerably compared to the previous year. Between May 11 and June 21 of last year, it was a time when back-to-back holidays and emergency disaster support payments overlapped. On the other hand, sales plummeted after the third pandemic became a reality in November.
The industry with the biggest drop in sales was the duty-free store, which fell 82.4% year-on-year. Travel agencies (-64.6%), leisure bars (-52.9%) and sports facilities (-46.1%) also experienced a significant drop in sales. On the other hand, there was also an industry where sales increased after Corona 19. As time spent at home increased, furniture industry sales grew by 22.4%. Butchers (18.9%) and pharmacies (16.1%) also increased sales.
The degree of economic shock was different for each autonomous community. Jung-gu (-19%) and Jongno-gu (-14%), where public institutions and companies were concentrated, Seodaemun-gu (-18%) and Yongsan-gu, including Itaewon (-15%), were hit hard for sales. Jungnang-gu (-3%), Yangcheon-gu (-4%) and Gangdong-gu (-5%), where residential areas were concentrated, showed a relatively small drop in sales.
Bus passengers also declined due to the spread of Corona 19. Last year, the total number of city bus and villager passengers in Seoul was 1.45 billion, 23.6% less than the previous year. The number of airport buses transported last year was 2.12 million, a decrease of 85.4% over the previous year. Seoul bus transportation revenue decreased 29.1% (473.8 billion won). The city of Seoul explained that “bus companies are about to go out of business because they cannot cover basic operating costs, such as labor and fuel costs, only with transportation revenues.”
Reporter Sujeong Ha [email protected]
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