SEOUL – South Korea's central bank said on Monday that upward risks to core inflation were 'a little high' amid strong consumption and employment trends, raising the prospect of higher inflation lasting longer than expected. 'While there is high uncertainty regarding global energy prices, domestic and global economic growth and public price hikes over the future inflation path, upward risks are assessed to be a little high when it comes to the outlook on core inflation,' the Bank of Korea (BOK) said in its biannual review of inflation conditions.

https://business.inquirer.net/406252/bank-of-korea-flags-upward-risks-to-core-inflation

#inquirer