Jump to content
House Price Crash Forum
Sign in to follow this  

S Korea Inflation Jumps In February To A 27-Month High

Recommended Posts


South Korea's inflation rate has hit a 27-month high in February, driven by rising food and fuel costs.

The consumer price index rose by 4.5% in February, compared with the same month a year earlier, the statistical office said.

That is more than the central bank's maximum target of 4%.

Analysts said they expect the higher-than-forecast inflation will prompt the central bank to raise interest rates.

"In terms of economic indicators, the Bank of Korea has to raise interest rates this month," said Goh You-sun of Daewoo Securities.

However, he added that the central bank may find itself in a difficult position because of government concerns over the impact of high oil prices on South Korea's economic growth.

Mystic Merv can keep saying it's global. And if S Korean rates go up more hot money to flow in?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.