Tag: core inflation

core inflation

Latest News

People shop for food at a discount supermarket in Seoul on Wednesday. Consumer prices rose 2.3 percent in July from a month earlier, showed Statistics Korea data on the same day, marking the slowest growth in 25 months. [NEWS1]

Consumer prices hit 25-month low in July

Korea’s consumer prices slowed for a sixth consecutive month in July to grow 2.3 percent on year, the lowest in 25 months, data released by Statistics Korea showed on Wednesday.

2023.8.2

Bank of Korea Gov. Rhee Chang-yong speaks at a press conference held to discuss inflation in central Seoul on Monday. [BANK OF KOREA]

Inflation to cool below 3 percent before bouncing back: BOK

The Bank of Korea on Monday projected inflation to fall below 3 percent in June and July, but expects it to jump back up in the following months for the annual inflation to hover around 3 percent.

2023.6.19

Inflation falls to slowest pace in year and half in May

Korea’s inflation grew 3.3 percent in May, accelerating at the slowest pace in more than a year and a half.

2023.6.2

Korea's annual inflation expected to his 5 percent this year

Global credit appraiser S&P Global Ratings said Monday Korea's annual inflation is expected to hit 5 percent this year due to higher energy and commodity prices.

2022.7.4

Tag: core inflation

core inflation

Latest News

Consumer prices hit 25-month low in July

Inflation to cool below 3 percent before bouncing back: BOK

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