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BoK Marks '21 & '22 Expectations Higher

BOK

The BoK marks its CPI forecasts for both '21 and '22 higher, to 2.3% & 2.0% from 2.1% and 1.5% respectively, although CPI is seen easing back below the Bank's 2% target in its initial '23 projections (1.7%). GDP growth expectations are unchanged for '21 & '22, at 4.0% and 3.0% respectively, with economic growth then expected to slow to 2.5% in '23.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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