Macro & Policy/Tax & Fiscal Policy
Why Korea's CPI Looks So Calm While Seoul Apartment Prices Soar
South Korea's official inflation rate sits comfortably around 2.4%, even as Seoul apartment prices have risen sharply this year. That gap isn't a mystery — it's a direct consequence of what Korea's CPI basket does and doesn't measure, and a new housing finance package could be about to test that gap's limits. Table of ContentsComparing Korean and US CPI BasketsThe Missing Piece: Owners' Equivale..