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South Korea Inflation Rises 2.8% On Year In January
(RTTNews) - Consumer prices in South Korea were up 2.8 percent on year in January, Statistics Korea said on Friday.
That was shy of expectations for a gain of 2.9 percent and down from 3.2 percent in the previous month.
On a monthly basis, consumer prices rose 0.4 percent - matching forecasts following the flat reading in December.
Core CPI, which excludes volatile food prices, was up 0.4 percent on month and 2.5 percent on year after gaining 0.2 percent on month and 3.4 percent on year a month earlier.
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Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook
The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
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Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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South Korea Has $14.27 Billion Current Account Surplus
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South Korea Inflation Rises 0.2% In July
Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.
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South Korea Industrial Output Climbs 1.6% In June
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South Korea GDP Expands 0.6% In Q2
South Korea's gross domestic product improved a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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South Korea GDP Climbs 0.6% In Q2
South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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