Bank of Korea shrugs off slight rise in inflation – says in line with earlier projection

The data is here from earlier in the session:

• South Korean July CPI rises more than expected, and more than in June

The Bank of Korea have made a statement, not worried:

• Slight rise in inflation was in line with earlier projection
• Inflation to
  continue easing from August
• Will make quarterly
  inflation projection from august given uncertainties in FX market,
  Middle East tension

Inflation?

This article was written by Eamonn Sheridan at www.forexlive.com. Source