Korea - April BOK meeting

The Bank of Korea decided today to raise the policy rate by a further 25bp, the fourth hike in this current cycle. From the perspective of BOK leadership - the bank currently being between governors - this was a mild surprise. But from the point of view of the economy, it was less unexpected. Activity has shown signs of peaking, but in recent weeks inflation has become more of a

Korea - March employment

After the jump in February, it wasn't a surprise that labour market data softened in March. That just looks like a correction though

Korea - March CPI

Korean headline CPI inflation rose again in March to 4.1% YoY. That's the highest since 2011, and well above the BOK's 2% target for inflation.

Korea - economic sentiment