Inflation 2024 Korea. South korea’s consumer price inflation rate is expected to drop towards the target of 2 percent by september 2024, according to the latest forecast by the bank of korea (bok). Inflation from june 2024 to july 2024 was 0.25%.
Asian benchmarks mostly decline as markets await nvidia earnings. In a report released friday, the imf said that this year’s inflation is forecast to be 3.6 percent and to moderate to reach its target of 2 percent by around the end of 2024, with the average for next year likely to be 2.4 percent, according to the ministry of economy and finance.
