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Projected % Change
   2013  2014
Real GDP 2.8 3.9
Consumer Prices 2.4 2.9
Source: World Economic Outlook (April 2013)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

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Republic of Korea and the IMF
 Updated April 20, 2013

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Staff Papers
December 18, 2001 -- IMF Staff Papers - December 2001 - Inflation Targeting in Korea: An Empirical Exploration By Alexander W. Hoffmaister
The revised Bank of Korea (BOK) Act states that the primary goal of monetary policy is price stability and recently monetary policy has moved toward an inflation targeting framework. This study explores some of the practical aspects that need to be considered for this move.