Korea changes inflation target measure

Korea will target a new measure of inflation for 2007-2009, the central bank has said.

The new inflation target of 2.5- 3.5% for 2007-2009 announced on 16 August will use the headline consumer price index (CPI) as its inflation target indicator instead of the core CPI, which does not include volatile energy and food prices.

The new target is numerically the same as the one for 2004-2006, but the change implies that the target has been reduced by around half a percentage point because core CPI has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.