Global investment banks raise S. Korea's 2026 inflation outlook amid weak currency

Major financial institutions have raised their 2026 inflation forecasts for South Korea, citing the continued weakness of the local currency against the US dollar, industry data showed Thursday. According to forecasts from 37 institutions, including major investment banks (IBs), compiled by Bloomberg, the median projection for the country's consumer inflation for next year stands at 2 percent. It marks an increase of 0.1 percentage point from 1.9 percent presented at the end of last month. Fourt