BOK sees consumer inflation remaining near 3% in November

Korea Times News ·
Economy Inflation & Rates South Korea

Consumer prices are expected to rise into the high 2 percent range in November due to an upward trend in core inflation, the central bank said Tuesday. "Consumer prices rose at a slower pace in October as shipments of agricultural products improved, but prices of private services and durable goods remained elevated," Deputy Gov. Lee Ji-ho said during a meeting to review inflation trends. "In…

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