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The Korean economy is ‘deformed’ due to the destruction of fuel demand and the decline in oil prices, which increases inflation As international fuel demand was destroyed, the deformed structure of the Korean economy began to appear, with oil prices falling and the inflation rate rising. The 'September consumer prices' announced by Statistics Korea on the 5th was a consumer price index of 112.99..

Fed Chairman Powell announced at a press conference that he would raise interest rates by more than 4.6% next year, following a 0.75% rate hike. The Bank of Korea's New York office has predicted a '0.5% rate adjustment' from the November rate hike, and the forecast continues to be erroneous. "If we don't control inflation because we're not tightening enough, now we're in a situation where inflat..

In the inflation-dependent economic stimulus of the Yun Seok-yeol administration, led by a 9.6% rise in utility bills, food returned to the Lee Myung-bak high-inflation system with a 2.5% rise. The consumer price index rose 5.4% in May, a sharp rise from 4% in March, and overtook the 8.3% rise in industrial products under the system of a 9.6% surge in electricity, gas, and water utility rates. b..