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South Korea's Inflation Outlook and Central Bank Policy
South Korea's central bank expects inflation to rise in August due to a base effect, while also considering potential back-to-back rate hikes despite a recent cooling of prices.
3 Aug, 23:03 — 4 Aug, 01:05
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
Korea Herald
Right1
Right (1)
channel-news-asia
Far R
Geographic diversity— 2 regions9/34
South Korea1Singapore1
ℹOnly 2 sources cover this story
Sources
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Korea HeraldMostly Factual1h ago
Inflation expected to edge up in Aug. on base effect: BOK
Inflation is expected to edge up in August from the previous month due to a base effect, while lingering Middle East tensions continue to fuel cost-push inflationary pressure, the central bank said Tuesday. "Consumer prices in July slowed as prices of petroleum and agricultural products fell," Deputy Gov. Lee Ji-ho said during a meeting to review inflation trends. "However, core inflation rose slightly due to higher prices of durable goods amid cost-push inflation." "In August, inflation is proj
By The Korea Herald
Read full article →channel-news-asiaMostly Factual3h ago
South Korea inflation cools, but back-to-back rate hike not ruled out
Read full article →Coverage Timeline
First report: channel-news-asia · 3 Aug, 23:03|Full coverage: 2 · 2h|Window: 2h
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