Inflation expected to record above 4% in April.

By bne IntelliNews April 5, 2011
South Korea's inflation is forecasted to remain above the 4% range in April this year as a result of higher oil prices and other external shocks such as the fallout from Japan's nuclear disaster. As reported by Asia Pulse, the country's consumer prices increased to a twenty nine month high in March and were far above the central bank's target, stoking expectation that the nation's central bank may increase its key rate soon. The consumer price index (CPI) grew 4.7% y/y in March, which was the fastest since October 2008.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335