Sunday, February 26, 2017

As long as "living will maintain inflation ... inflation rate of 1.8%."



[South Korea's Choice Financial News Reporter] The Bank of Korea is likely to rise further as a result of checking the living water, living for some time in the future is likely to be inflation to rise further investigation was not significant, said Monday.

Price rise was recorded live last month in five years to a maximum of 2.4%. Consumer prices rose 2% in April jumped the most significant 3 Only months. The Bank of Korea went on to rise further checks climbing sharply in the life close prices and declining inflation.

According to the Bank of Korea, the recent price rises were analyzed, mainly due to institutional factors, such as supply factors, such as reduced utility rates decline concentrated seafood prices and international oil prices.

Two euros did not have a lot of future lives inflation to rise further Bank of Korea (BOK) 'concentrated seafood prices in the spring vegetable shipments, birds recover gradually stabilized influenza jinjeongse, etc., and oil prices also Organization of Petroleum Exporting Countries (OPEC) than the current level of production cuts implemented expectations said that since determined that the probable rise significantly.

Livestock prices are variable according to the foot-and-mouth disease occurred. When the front foot and mouth disease spread yen is that pork prices to rise significantly. 2010 to 2011 foot-and-mouth disease occurs, pork prices rose 19.1% is the bar.

This year consumer price inflation was expected to "look closer for the time being as a whole geteuna level rise of 2% per year is expected to be broadly consistent with the January level (1.8%).

The Bank of Korea said, "Recent significant life right prices are likely to rise further is not big 'said' is just such uncertainty whether oil prices will remain the movement and spread of foot-and-mouth disease.

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