Yonhap Infomax NewsAug 5
The Bank of Korea anticipates that August inflation could temporarily fall sharply due to major telecom fee discounts, despite ongoing upward pressure from agricultural prices; July CPI rose 2.1% year-on-year, slightly below June’s 2.2%, as lower petroleum prices offset food cost increases.
#YonhapInfomax #BankOfKorea #Inflation #TelecomFeeDiscounts #ConsumerPriceIndex #StatisticsKorea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75579
Bank of Korea Says August Inflation May Temporarily Drop Significantly Due to Telecom Fee Discounts

The Bank of Korea anticipates that August inflation could temporarily fall sharply due to major telecom fee discounts, despite ongoing upward pressure from agricultural prices; July CPI rose 2.1% year-on-year, slightly below June’s 2.2%, as lower petroleum prices offset food cost increases.

Yonhap Infomax
Yonhap Infomax NewsAug 5
Bank of Korea signals that August inflation could see a notable temporary decline as telecom fee discounts take effect, highlighting short-term price pressures.
#YonhapInfomax
#BankOfKorea #Inflation #TelecomFeeDiscounts #August #PricePressures
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75570
Bank of Korea Says August Inflation May Temporarily Drop Significantly Due to Telecom Fee Discounts

Bank of Korea signals that August inflation could see a notable temporary decline as telecom fee discounts take effect, highlighting short-term price pressures.

Yonhap Infomax