{
  "id": 17889489,
  "title": "BOK sees consumer inflation remaining near 3 pct in Nov.",
  "url": "https://urgent.news/2026/11/03/bok-sees-consumer-inflation-remaining-near-3-pct-in-nov",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T01:10:01.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261103003800320"
  },
  "original_language": "en",
  "account": "The Bank of Korea (BOK) anticipates consumer prices to remain near a 3% annual rate in November, according to Deputy Governor Lee Ji-ho. This projection is based on the upward trajectory of core inflation. October saw a slowdown in consumer price growth, with shipments of agricultural products improving. However, prices for private services and durable goods remained high. November's inflation is projected to stay in the high 2% range, driven by global oil prices and the ongoing rise in core inflation. Government figures revealed that consumer prices increased by 2.8% in October compared to a year ago, down from 2.9% in September and 3.1% in August. Agricultural, livestock, and fishery product prices fell by 1.7% over the same period, while petroleum product prices surged by 14.9% year-on-year. Core inflation, which excludes volatile food and energy prices, was 2.8% on-year in October. The BOK expects inflation to remain elevated due to both cost-push and demand-pull pressures, despite ongoing uncertainties in the Middle East.",
  "summary": "SEOUL, Nov. 3 (Yonhap) -- Consumer prices are expected to rise into the high 2 p...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "BOK sees consumer inflation remaining near 3% in November",
        "url": "https://urgent.news/2026/11/03/bok-sees-consumer-inflation-remaining-near-3-in-november",
        "published": "2026-11-03T01:32:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}