Bank of Korea shrugs off slight rise in inflation - says in line with earlier projection

  • CPI in July was higher than expected and higher than the previous month

The data is here from earlier in the session:

The Bank of Korea have made a statement, not worried:

  • Slight rise in inflation was in line with earlier projection
  • Inflation to continue easing from August
  • Will make quarterly inflation projection from august given uncertainties in FX market, Middle East tension

Inflation?

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