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BOK sees consumer inflation remaining near 3% in November

Summary by The Korea Times
Consumer prices are expected to rise into the high 2 percent range in November due to an upward trend in core inflation, the central bank said Tuesday. "Consumer prices rose at a slower pace in October as shipments of agricultural products improved, but prices of private services and durable goods remained elevated," Deputy Gov. Lee Ji-ho said during a meeting to review inflation trends. "In November, inflation is expected to remain in the high …

4 Articles

(Busan=Yonhap News) Reporter Oh Soo-hee = Consumer prices in Busan in October were found to have risen compared to prices a year ago.

·Seoul, Korea (the Republic of)
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BizToc broke the news on Monday, November 2, 2026.
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