Group 1 - South Korea's consumer inflation has slowed to its lowest growth rate this year, with the Consumer Price Index (CPI) rising by 1.7% year-on-year in August, down from 2.1% in July, and below economists' expectations of around 1.9% [1][4] - The core inflation rate, excluding food and energy, increased by 1.3% year-on-year in August, significantly lower than the expected 1.7% and marking the slowest growth in four years [1][4] - The decline in communication costs, particularly due to SK Telecom's reduction of mobile phone bills for over 20 million affected users, contributed to the inflation slowdown, offsetting rising food costs [4][5] Group 2 - Despite higher tariffs imposed by the U.S., South Korea's export data remains robust, with semiconductor exports increasing by 27.1% year-on-year in August, supported by strong demand in the semiconductor and automotive sectors [5][6] - The Bank of Korea is considering more policy stimulus as businesses prepare for potential impacts from U.S. tariffs, with the central bank maintaining the benchmark interest rate at 2.5% amid concerns over the real estate market and rising mortgage levels [5][6] - The recent inflation data is expected to provide the Bank of Korea with more room to implement accommodative monetary policy to support economic growth, especially if housing market pressures ease [5][6][7]
通胀超预期放缓+内需偏弱 韩国央行10月重启降息预期升温
智通财经网·2025-09-02 01:17