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Feb. 27 (Bloomberg) — South Korean inflation may accelerate above the government’s target on higher oil prices, just as the nation’s economic growth is about to start improving, Finance Minister Bahk Jae Wan said. While inflation is “likely” to dip this month below the 3.4 percent rate in January and be “even lower” in March, instability in the oil market …
Read More »S. Korea’s Bahk says higher oil price may drive inflation above target
