Bank of Korea sees inflation staying stable for time being
FILE PHOTO: The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) - South Korea's central bank said on Tuesday that consumer inflation was expected to maintain the current stable trend for the time being.
The Bank of Korea said inflation was stabilising more quickly than in other major economies, in a statement released after data showed inflation reached the central bank's target in August.
(Reporting by Jihoon Lee; Editing by Jamie Freed)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Italy's population to shrink by 4 million by 2050, stats agency says
- Indonesia and US launch annual military exercises
- China reins in rising yuan as weak domestic demand clouds outlook
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share