[Editorial] Sticky inflation
newscatcher
2023-10-08 21:35
[Editorial] Sticky inflation
Concerns linger over volatile inflation following a rise in prices in September South Korea's consumer prices, a key gauge of inflation, rose 3.7 percent in September from a year earlier, marking the highest on-year increase in five months, amid worrisome signs of additional volatility in prices.Some experts raise the possibility that the Korean economy might fall into a trap of 'sticky inflation,' referring to a situation where prices do not adjust quickly or smoothly in response to changes in supply and demand, leading to persistent inflation.

https://n.news.naver.com/mnews/article/044/0000250601?sid=104

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