Inflation hits 2.5-year high in June
South Korea’s consumer price index rose 3.2% year on year in June.
The increase was driven by high global oil prices and a weaker won.
The Bank of Korea may consider a rate hike at its July 16 meeting, with two board members already dissenting in favour of a move in May.
Goldman warns of potential $2bn foreign outflows due to rising Samsung and SK Hynix index weight risks.