S.korea central bank: inflation to stay high at 5-6% level for some time

09/02/2022

Less than a minute

2022.09.02 03:57

S.korea central bank: inflation to stay high at 5-6% level for some time
FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji

SEOUL (Reuters) – South Korea’s central bank said on Friday consumer inflation is expected to remain high at 5-6% levels for some time.

The Bank of Korea said the inflation rate for August also came in as expected.

09/02/2022

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