Bank of Korea shrugs off slight rise in inflation – says in line with earlier projection

August 02, 2024 at 01:33AM
The data is here from earlier in the session:

South Korean July CPI rises more than expected, and more than in June

The Bank of Korea have made a statement, not worried:

Slight rise in inflation was in line with earlier projection

Inflation to
continue easing from August

Will make quarterly
inflation projection from august given uncertainties in FX market,
Middle East tension

Inflation?

This article was written by Eamonn Sheridan at www.forexlive.com.

Bank of Korea shrugs off slight rise in inflation – says in line with earlier projection