S. Korea’s Inflation Accelerates, Supporting BOK’s Hawkish Tilt


BOK Governor Shin Hyun Song said last week that inflation appears to have more room to rise and suggested officials increasingly see inflation, growth, the weak won and housing-related financial risks pointing toward the same policy response. Semiconductor exports jumped to a record in May, which is expected to keep holding up broader economic growth, while apartment prices in the capital have risen consistently for well over a year.



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