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South Korea expects domestic demand-led inflation pressures to rise

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South Korea's finance ministry said on Tuesday it sees demand-led price pressures increasing in the future as domestic consumption recovers.

[SEOUL] South Korea's finance ministry said on Tuesday it sees demand-led price pressures increasing in the future as domestic consumption recovers.

The finance ministry did not specify a timeframe for the expected inflation increase in the statement, which was released after the government's statistics agency said annual inflation in February slowed to 0.5 per cent.

REUTERS

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