Bank of Korea forecasts inflation above 5% in June and July

June 2, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Bank of Korea is South Korea’s central bank. Statement comes after the inflation data for May earlier, hitting highs not seen in over a decade:South Korean core CPI surges to its highest y/y reading since February 2009BoK:inflation will be >5% in June and Julydemand-side inflation pressure is likely to buildit is important to manage inflation expectations

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Bank of Korea forecasts inflation above 5% in June and July

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