The Wall Street Journal survey shows that South Korea's June CPI is expected to rise by 3.2%, higher than May's 3.1%

The Wall Street Journal survey shows that seven economists have a median forecast for a 3.2% year-on-year increase in South Korea's June CPI, followed by a 3.1% increase in May; The month on month forecast is a 0.1% increase, with a 0.5% increase in May. DBS economist Ma Tieying expects Bank of Korea to raise interest rates once each in July and the fourth quarter.