Bank of Korea Projects September Inflation Decline Amid Persistent Pressures
The central bank forecasts that headline inflation will moderate in September, though core price increases and structural economic factors are expected to remain elevated. Policymakers are closely monitoring these trends to determine future interest rate adjustments.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)Sources
BOK says inflation to ease in Sept. but underlying pressures to persist
Inflation in September is expected to ease from the previous month as a base effect fades, but underlying price pressures will likely persist, particularly in core items, the central bank said Wednesday. "In August, the consumer price index rose at a faster rate than the previous month due to a base effect resulting from discount programs by a telecommunications company last year," Deputy Gov. Lee Ji-ho said during a meeting to review inflation trends. "In September, consumer price growth is exp
By The Korea Herald
Read full article →BOK says inflation to ease in Sept. but underlying pressures to persist
SEOUL, Sept. 2 (Yonhap) -- Inflation in September is expected to ease from the p...
By Kim Boram
Read full article →
