Seoul: President Lee Jae Myung's approval rating has slipped to 58 percent this week, as revealed by a recent poll highlighting mixed assessments of his administration's economic policies.

According to Yonhap News Agency, the survey conducted by Gallup Korea between Tuesday and Thursday involved 1,001 respondents aged 18 and over. It indicated a 2 percentage point decline in positive assessments of Lee's overall performance compared to the previous week. Meanwhile, the negative assessment remained steady at 29 percent, with 12 percent of respondents undecided.

Economic policies emerged as the most frequently cited reason for a positive evaluation of President Lee, accounting for 16 percent of the favorable responses. This was followed closely by his diplomatic efforts, which garnered a 15 percent positive rating, and his real estate policies, which received 9 percent.

Conversely, among those expressing negative opinions, 16 percent were concerned about the economy, 11 percent were critical of Lee's real estate policies, and 8 percent cited issues with his diplomatic strategies.

The pollster noted that respondents had mixed reactions to Lee's real estate initiatives, particularly his proposal to end the exemption from heavy capital gains tax for owners of multiple homes.

In terms of party approval ratings, the ruling Democratic Party witnessed a decline of 3 percentage points, dropping to 41 percent. In contrast, the main opposition People Power Party's approval rating remained unchanged at 25 percent.

The survey's margin of error was reported to be plus or minus 3.1 percentage points at a 95 percent confidence level.