Bloomberg News

Bank of Korea’s Kim Urges Closer Attention to Price Goal in ‘12

December 30, 2011

Dec. 30 (Bloomberg) -- The Bank of Korea should pay closer attention to achieving its inflation target in 2012, Governor Kim Choong Soo said in a New Year speech released today. While supply-side inflation pressures are likely to weaken, expectations for prices to rise remain “high,” Kim said.

--Editor: Paul Panckhurst

To contact the reporter on this story: Eunkyung Seo in Seoul at eseo3@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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