That marriages promote an entire ancillary industry is known but who knew that an economy could slow down because people aren’t getting married? Turns out that the South Korean economy expanded only 0.4% in the fourth quarter. The Bank of Korea has blamed it on the decline in marriages. The reason? Couples are rescheduling their weddings because of the leap month, which is considered inauspicious for couples. Some leap of faith, this.
Photo Feature
Korean knot
Bank of Korea blames the dip in economic growth in the fourth quarter on the decline in marriages
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