South Korea 2Q GDP Rises 0.6% Q/Q; Inflation Speeds Up in August

The video discusses the GDP story, noting its alignment with estimates. It highlights current inflation concerns, describing the inflation print as 'nasty' with a 1% month-on-month increase. The CPI data is analyzed, showing a 3.4% year-on-year increase, beating estimates. Excluding food and energy, the core CPI is at 3.3%.

How does the text describe the current state of inflation?

What was the month-on-month increase in CPI mentioned in the text?

What does the term 'CPI' refer to in the context of inflation?

How much did the year-on-year CPI increase according to the text?

What is the significance of excluding food and energy when discussing core inflation?