It was found that sales in the Seoul commercial district last year, which suffered from the novel coronavirus infection (Corona 19), decreased by about 10% compared to the previous year. The amount is over 9 trillion won. The number of bus passengers decreased by 24%, which intensified management difficulties in the bus industry.
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As a result of analyzing the impact of Corona 19 by Seoul City on the 10th using big data such as Shinhan Card and Korea Credit Bureau (KCB), the sales of Seoul stores were 9,359 billion won (9.9 trillion won) compared to 100,3288 billion won in 2019. %) decreased.
There was also a period when sales increased from the previous year by period. Between May 11 and June 21 of last year, it was a time when consecutive 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 largest decline in sales was the duty-free shop, down 82.4% year-on-year. Travel agencies (-64.6%), entertainment bars (-52.9%), and sports facilities (-46.1%) also saw a significant decrease in sales. On the other hand, there was also an industry where sales increased after Corona 19. As the time spent at home increased, sales of the furniture industry grew by 22.4%. Butchers (18.9%) and pharmacies (16.1%) also increased sales.
The degree of economic shock was different for each autonomous region. 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 by sales. Jungnang-gu (-3%), Yangcheon-gu (-4%), and Gangdong-gu (-5%), where residential areas were concentrated, showed relatively small decline in sales.
Bus passengers also decreased due to the spread of Corona 19. Last year, the total number of passengers for city and town buses in Seoul was 1.45 billion, down 23.6% from the previous year. The number of airport buses transported last year was 2.12 million, down 85.4% from the previous year. The transportation income of Seoul buses decreased by 29.1% (473.8 billion won). The city of Seoul explained that “bus companies are on the verge of going out of business because they cannot cover basic operating costs such as labor and fuel costs only with transportation income.” “The city buses supported by the city budget as a semi-public project are holding up with a loan of 600 billion won from banks.” did.
Reporter Sujeong Ha [email protected]
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