Tag South Korea

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South Korea’s household lending down in October

The Bank of Korea (BOK) said Wednesday that the number of loans extended by commercial banks to households declined in October due to increased interest rates. BOK data show that household mortgage loans in South Korea fell to 1,058.8 trillion…

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South Korea’s inflation rises in October

Data released by the government on Wednesday said annual consumer inflation in South Korea rose in October from the previous month, reflecting the impact of rising global commodity prices. The consumer price index (CPI) rose 5.7% in October from a…

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