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South Korea's recovery eased last quarter

South Korea’s economy decelerated to a more measured pace last quarter following an outbreak of the Omicron variant of SARS-CoV-2 and a jump in commodity prices, while the nation remained on track for a further tightening of monetary policy.
GDP advanced 0.7 percent from the final three months of last year, when it expanded 1.2 percent, Bank of Korea data showed yesterday.
That slightly exceeded economists’ estimates, as did the economy’s 3.1 percent annual gain.
Inflation topped 4 percent last month for the first time in more than a decade.
The central bank said it expects prices to stay above its target of 2 ....

Soult Ukpyolsi , South Korea , South Korean , Yoon Yeo Sam , Meritz Securities Co , Heo Ran , Korean President Moon Jae In , Joo Sang Yong , The Taipei Times ,

SEOUL (Reuters) South Korea's central bank raised its policy rate to the highest since August 2019 on Thursday in an unexpected move, choosing not ....

Soult Ukpyolsi , South Korea , Yoon Yeo Sam , Lee Ju Yeol , Rhee Chang Yong , Federal Reserve , New Zealand , Meritz Securities , Governor Lee Ju Yeol , Joo Sang Yong , Monetary Policy Board , H150 ,

South Korea Could Have Prolonged High Inflation Period, BOK Says

(Bloomberg) South Korea could have a high inflation rate for a prolonged period of time along with other countries as upside risks to prices rise, according to Bank of Korea analysts. ....

South Korea , South Korean , Joo Sang Yong ,