<Anchor>



I'm also worried about the already soaring prices.

The Bank of Korea predicted that Korea's inflation could rise the most this year in 10 years, but predicted that it could rise even higher if an all-out war broke out in Ukraine.



Next is reporter Im Tae-woo.



<Reporter>



The average price of gasoline across the country is 1,746 won per liter, which has risen by 100 won in one month.



The rising trend is so steep that the common people are full of worries.



[Delivery driver: If you put 50,000 won, it usually takes about 4 days, but in the case like now, it takes 2 days and not even half a day.

(If it rises further) I think the burden will be a bit heavy, as a commoner.]



Oil prices are likely to rise further.



As soon as the news of the war broke out, the international oil price surpassed $100 a barrel, and there are predictions that it could soar to $150 a barrel.



The Bank of Korea raised the consumer price inflation rate this year to 3.1% from the previous 2%, and predicted that if the Ukraine crisis turns into an all-out war, inflation will rise further.



[Lee Joo-yeol/President of the Bank of Korea: The increase in geopolitical risks caused by the Ukraine crisis, and the continued global supply bottleneck and consequent increase in international raw material prices can be mentioned.] A



representative example is grain.



Russia and Ukraine account for one-third of the world's wheat exports and one-fifth of corn exports 


.



[Kim Sang-bong/Professor of Economics at Hansung University: Especially soybeans and various corns related to soybeans are used because we earn a lot of money.

If such prices rise globally, it can affect our prices.]



Russia is the world's second-largest producer of aluminum, and nickel, a major material for batteries, is also an unsettling factor.



Although the government said there will be no problems for the time being due to the sufficient stockpiles of grain and raw materials, it has decided to increase stocks and provide alternative purchases in case of emergencies.



(Video coverage: Kim Heung-sik, video editing: Park Chun-bae)