Bank of Korea – Annual Report (2010)

kim-choong-soo

The Bank of Korea's Annual Report for 2010, published on Thursday, outlined the growing inflationary pressures in the South Korean economy.

In the foreword of the report, Kim Choongsoo, the governor of the Bank of Korea, said that while the Korean economy was expected to maintain its upward growth trend in 2011, driven by exports and an increase in private consumption, upward pressures on inflation were likely to mount in terms of both demand and supply.

The Annual Report shows that consumer

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