Corea del Sur Tasa De Inflación

Consumer prices in South Korea rose 4.8% in April 2022 from a year earlier, accelerating at the fastest pace in over 13 years, led by a surge in energy and some food prices. The data also followed a 4.1% rise in the previous month and came in well above the 4.4% consensus forecast. South Korea’s inflation rate has held above the central bank’s 2% target for a 13th consecutive month, keeping the pressure on the Bank of Korea to tighten policies more aggressively. The BOK raised its benchmark interest rate by 25 basis points to 1.5% in a surprise move in April as it ramped up the fight against rampant inflation. It marked the fourth increase of the bank’s base rate since it kicked off a policy tightening cycle in August last year as one of the first central banks in high-income countries to do so.