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Recovering real estate market pushes up credit card spending on furniture
2015-05-25 10:36:09| Real Estate - Topix.net
South Korea's credit card spending on furniture rose sharply in the first two months of this year on the back of a rise in home transactions as the local property market has been on a clear recovery track, data showed Monday. According to the data compiled by the Bank of Korea, South Korean people bought 124.4 billion won worth of furniture by credit card in January, up 40.5 percent from a year earlier.
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