Bank of Korea Expects CPI at 3% for H2 2026, Core CPI in Mid-2% Range Amid Wage Pressure

According to the Bank of Korea on June 17, the central bank expects headline CPI to remain at 3% in the second half of 2026 and core CPI to stay in the mid-2% range. Inflationary pressure is anticipated to persist into 2027, driven primarily by wage growth that will continue to support price increases.
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