South Korea core inflation seen staying near upper-2% through 1H 2027
Citigroup economist Jin-Wook Kim says South Korea’s core inflation could remain in the upper 2% range through 1H 2027, with underlying inflation estimated at 2.9% in 3Q and 2.9%-3.0% from 4Q through 1Q 2027.
South Korea's core inflation could remain in the upper 2% range through 1H 2027, Citigroup's Jin-Wook Kim says.
The economist estimates underlying inflation, which excludes volatile food and energy prices, to stay at 2.9% in 3Q, 2.9%-3.0% from 4Q through 1Q 2027, and 2.7% in 2Q 2027.
The Bank of Ko…