SEOUL, Jan. 5 (Yonhap) — The government will extend intensive policy support to bring inflation down below 3 percent in the first half of 2024 as prices are projected to ease slower than expected, the finance ministry said Friday. “Inflation is expected to moderate gradually to stay around 3 percent in the first half of this year. The government will maintain the intensive price stabilization scheme involving all ministries’ concerns to achieve the 2 percent level at an early date,” First Vice Finance Minister Kim Byoung-hwan said during a vice-ministerial meeting on economy and inflation. According to the government forecast, inflationary pressure is expected to stay around 3 percent for several months to come before approaching the government’s 2 percent…
