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SOUTH KOREA ECONOMIC TRENDS

SOUTH KOREA ECONOMIC TRENDS. Wednesday, August 12, 2009. SOUTH KOREAS RUNAWAY INFLATION! South Koreas central bank unexpectedly raised its key interest rate to the highest in nearly eight years to curb runaway inflation. Fueling concerns about the future of the worlds 13th-biggest economy, which is already sliding due to lethargic private consumption and high energy import costs as well as huge household debt that could jeopardize lenders. South Koreas annual inflation accelerated to 5.9 percent .
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SOUTH KOREA ECONOMIC TRENDS

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SOUTH KOREA ECONOMIC TRENDS. Wednesday, August 12, 2009. SOUTH KOREAS RUNAWAY INFLATION! South Koreas central bank unexpectedly raised its key interest rate to the highest in nearly eight years to curb runaway inflation. Fueling concerns about the future of the worlds 13th-biggest economy, which is already sliding due to lethargic private consumption and high energy import costs as well as huge household debt that could jeopardize lenders. South Koreas annual inflation accelerated to 5.9 percent .

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This web page get-southkorea.blogspot.com states the following, "Wednesday, August 12, 2009." We saw that the webpage said " SOUTH KOREAS RUNAWAY INFLATION! South Koreas central bank unexpectedly raised its key interest rate to the highest in nearly eight years to curb runaway inflation." It also said " Fueling concerns about the future of the worlds 13th-biggest economy, which is already sliding due to lethargic private consumption and high energy import costs as well as huge household debt that could jeopardize lenders. South Koreas annual inflation accelerated to 5."

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