Korea : Inflation continues to top expectations at 4.1%

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Published : November 24th, 2011
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Category : On the Web
Korea Times, in its November 24, 2011 article, reports that Korea : Inflation continues to top expectations at 4.1%.

Extract :

 

 

 

 

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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