Bank of Korea sees inflation staying stable for time being

by Aurelia Butler 3 September 2024, 00:20 189 Views

SEOUL (Reuters) – South Korea’s central bank said on Tuesday that consumer inflation was expected to maintain the current stable trend for the time being.

The Bank of Korea said inflation was stabilising more quickly than in other major economies, in a statement released after data showed inflation reached the central bank’s target in August.

Source: Economy - investing.com

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Bank of Korea sees inflation staying stable for time being

Ukraine’s bondholders approve crucial $20 billion debt restructuring

S.Korea inflation slows to 3-1/2-year low, backs case for imminent rate cut

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