📈【Financial News】South Korea's fertility rate hits a new low, and the pet economy has new opportunities! 🐶

1️⃣ South Korea's fertility rate has dropped to the lowest in the world, only 0.72 in 2023, far below the 2.1 required to maintain a stable population. At the same time, the number of pet-owning households has increased from 3.5 million in 2012 to 6 million in 2023. 📉

2️⃣ Data shows that in 2023, sales of pet dog strollers exceeded baby strollers for the first time, and this trend is expected to continue until 2024. The booming pet economy may be a way for young people to cope with high living costs and workplace pressure. 📊

3️⃣ Politicians are concerned that young people are no longer getting married and having children, but are choosing to keep pets. South Korean President Yoon Seok-yeol even called it a "national population emergency." 📢

4️⃣ What do you think of this phenomenon? Feel free to share your views in the comments section! 👇

#FinancialNews#Blockchain#Korea#Fertility#Pet Economy