Korea Times, in its November 24, 2011 article, reports that Korea : Inflation continues to top expectations at 4.1%.
Extract :
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People’s expectations of long-term price
increases ran above the government’s target for the fifth consecutive
month, reinforcing fears that inflation will continue to bubble over in the
foreseeable future.
According
to the Bank of Korea’s (BOK) inflation expectation index for November,
the public believes prices will climb at about 4.1 percent over the coming 12
months, compared with the central bank’s 4 percent target. Inflation
exceeded expectations for nine consecutive months before coming in at 3.9
percent in October
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