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S. Korea headline inflation seen to stay about 5% through H1 2023

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SEOUL  -South Korea’s central bank governor Rhee Chang-yong on Friday said country’s headline inflation is likely to stay around 5 percent through the first half of next year, which would warrant further increases in interest rates.
“Inflation in the 5 percent range could continue through the first half of next year,” Rhee said, responding to a question at a parliament session in Seoul.

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