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Free AccessPPP Leads Governing DPK For First Time In Nearly Five Years-Poll
The latest Gallup opinion poll from South Korea shows the opposition conservative People Power Party (PPP) with a slender one-point lead over the governing centrist Democratic Party of Korea (DPK), the first time the opposition has been ahead in party approval ratings in five years.
- Gallup Korea poll: Party Support: PPP (Conservative): 32%, DPK (Liberal): 31% (-1), Justice Party (JP, Centre-left): 5% (+1), People Party (PP, Centrist): 3%, ODP (Liberal): 3%. No support: 25%. +/- vs. 29 June - 1 July 2021. Fieldwork: 6-8 July 2021
- The DPK is about to embark on the candidate selection process for next year's presidential election - due on 9 March. Incumbent President Moon Jae-in from the DPK cannot stand again, with South Korean presidents limited to one six-year term in office.
- The DPK is set to announce the 6-person shortlist for the party's presidential primary on 11 July, with the final result set to be revealed by 10 September. Former Prime Minister Lee Nak-yon and the incumbent governor of Gyeonggi province, Lee Jae-myung, are viewed as early frontrunners for the DPK nomination having recently announced their candidacies.
- On the PPP side, former Prosecutor General Yoon Seok-youl is seen as the frontrunner despite not being a representative of the party. His anti-corruption fight when in office has seen him soar to the top of national polls of favoured next presidents. The PPP faces a task in convincing Yoon to join the party and serve as its presidential candidate.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.