The Bank of Korea said in a statement that due to falling international oil prices, the consumer price inflation rate will slow to around 2%. The Bank of Korea will continue to monitor prices while keeping an eye on the weakening won and the possible impact of winter agricultural and fishery product prices. Furthermore, South Korea's Ministry of Finance stated in a statement that it will continue to closely monitor the price trend of food and other products closely related to public livelihood.

The Bank of Korea said in a statement that due to falling international oil prices, the consumer price inflation rate will slow to around 2%. The Bank of Korea will continue to monitor prices while keeping an eye on the weakening won and the possible impact of winter agricultural and fishery product prices. Furthermore, South Korea's Ministry of Finance stated in a statement that it will continue to closely monitor the price trend of food and other products closely related to public livelihood.