{"id":50370,"date":"2026-06-26T20:21:11","date_gmt":"2026-06-26T20:21:11","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%eb%8f%84%ec%bf%84-cpi-%ec%9d%bc%ec%8b%9c%ec%a0%81-%ec%9a%94%ec%9d%b8%ec%97%90-%ea%b0%80%eb%a0%a4%ec%a7%84-%ea%b8%b0%ec%a1%b0-%eb%ac%bc%ea%b0%80-%ec%95%95%eb%a0%a5%ec%97%90%eb%8f%84-%ec%86%8c\/"},"modified":"2026-06-26T20:21:11","modified_gmt":"2026-06-26T20:21:11","slug":"%eb%8f%84%ec%bf%84-cpi-%ec%9d%bc%ec%8b%9c%ec%a0%81-%ec%9a%94%ec%9d%b8%ec%97%90-%ea%b0%80%eb%a0%a4%ec%a7%84-%ea%b8%b0%ec%a1%b0-%eb%ac%bc%ea%b0%80-%ec%95%95%eb%a0%a5%ec%97%90%eb%8f%84-%ec%86%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8f%84%ec%bf%84-cpi-%ec%9d%bc%ec%8b%9c%ec%a0%81-%ec%9a%94%ec%9d%b8%ec%97%90-%ea%b0%80%eb%a0%a4%ec%a7%84-%ea%b8%b0%ec%a1%b0-%eb%ac%bc%ea%b0%80-%ec%95%95%eb%a0%a5%ec%97%90%eb%8f%84-%ec%86%8c\/","title":{"rendered":"\ub3c4\ucfc4 CPI, \uc77c\uc2dc\uc801 \uc694\uc778\uc5d0 \uac00\ub824\uc9c4 \uae30\uc870 \ubb3c\uac00 \uc555\ub825\uc5d0\ub3c4 \uc18c\ud3ed \uc0c1\uc2b9\u2026BOJ \uc815\ucc45 \uc804\ud658 \uae30\ub300\uac10 \ub192\uc5ec"},"content":{"rendered":"

6\uc6d4 \ub3c4\ucfc4 CPI\ub294 \ud5e4\ub4dc\ub77c\uc778\uacfc \uadfc\uc6d0 \uc9c0\ud45c\uac00 \uc18c\ud3ed \ub192\uc544\uc84c\uc74c\uc5d0\ub3c4, 5\uc6d4 \ub300\ube44 \uc77c\ubcf8\uc758 \uc778\ud50c\ub808\uc774\uc158 \ud750\ub984\uc5d0 \ud070 \ubcc0\ud654\uac00 \uc5c6\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4. \uc804\uc6d4 \ub300\ube44 \uc0c1\uc2b9\uc740 \uc804\uad6d\uc801 \ubb3c\uac00 \uc555\ub825 \ud655\uc0b0\uc774\ub77c\uae30\ubcf4\ub2e4 \ub3c4\ucfc4\uc758 \uc218\ub3c4\uc694\uae08 \uac10\uba74 \uc870\uce58 \ud6a8\uacfc\uac00 \uc57d\ud654\ub41c \ub370 \ub530\ub978 \uc601\ud5a5\uc73c\ub85c \ud480\uc774\ub410\ub2e4. \uc2e0\uc120\uc2dd\ud488\uc744 \uc81c\uc678\ud55c \uc2dd\ud488 \ubb3c\uac00\ub294 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uacbd\ub85c\ub97c \uc774\uc5b4\uac14\uc9c0\ub9cc, \uc800\uc810\uc5d0 \uadfc\uc811\ud55c \ubaa8\uc2b5\uc774\uc5c8\ub2e4. \ud558\ubc18\uae30 \ucd08\uc785\uc5d0\uc11c\ub294 \ub9c8\uc774\ub108\uc2a4 \uae30\uc800\ud6a8\uacfc \uc18c\uba78\ub85c \uc0c1\ubc29 \uc555\ub825\uc774 \uc77c\ubd80 \ub354\ud574\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.<\/p>\n

\uc2dd\ub8cc\ud488 \uac00\uaca9\uc740 \uc5ec\uc804\ud788 \ub454\ud654 \ud750\ub984\uc774\uc5c8\uc73c\ub098, \uc124\ubb38 \uc9c0\ud45c\ub294 \ub2a6\uc5ec\ub984\uc73c\ub85c \uac08\uc218\ub85d \uac00\uaca9 \uc555\ub825\uc774 \ucd95\uc801\ub420 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud588\ub2e4. \uc81c\uad6d\ub370\uc774\ud130\ubc45\ud06c(Teikoku Databank)\uc758 6\uc6d4 \uc870\uc0ac\uc5d0\uc11c\ub294 \uc608\uc815\ub41c \uc2dd\ud488 \uac00\uaca9 \uac1c\uc815(\uc778\uc0c1) \uacc4\ud68d\uc774 \uc0c1\ud5a5 \uc774\ub3d9\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\ub2e4. \uc5d0\ub108\uc9c0 \ube44\uc6a9\uc740 \uc544\uc9c1 \uc18c\ube44\uc790\ubb3c\uac00\uc5d0 \uc644\uc804\ud788 \uc804\uac00\ub418\uc9c0 \uc54a\uc558\uc9c0\ub9cc, \uc0dd\uc0b0\uc790\ub4e4\uc774 \ub192\uc740 \ud22c\uc785\ube44\uc6a9\uc744 \uc804\uac00\ud558\uae30 \uc2dc\uc791\ud558\uba74\uc11c \uc5ec\ub984 \ud6c4\ubc18\uc5d0\ub294 \uc0c1\ud669\uc774 \ubc14\ub014 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4. \uc11c\ube44\uc2a4 \ubb3c\uac00\ub294 \uac15\ud55c \uc784\uae08\ud611\uc0c1 \uc774\ud6c4 \uc784\uae08 \uc0c1\uc2b9\uacfc \uacac\uc870\ud55c \uc11c\ube44\uc2a4 \uc18c\ube44\uc5d0 \ud798\uc785\uc5b4 \uacac\uc870\ud55c \ud750\ub984\uc744 \uc720\uc9c0\ud558\ub294 \uac83\uc73c\ub85c \ud3c9\uac00\ub410\ub2e4.<\/p>\n

\uae30\uc870 \uc778\ud50c\ub808\uc774\uc158 \uc2e0\ud638\uc640 \uc2dc\uc7a5 \uc2dc\uc0ac\uc810<\/h3>\n

\ucd5c\uadfc \ub3c4\ucfc4 CPI\ub294 \uc77c\ubcf8 \uc778\ud50c\ub808\uc774\uc158\uc758 \u2018\uac89\ubcf4\uae30 \uc548\uc815\u2019\uc744 \ubcf4\uc5ec\uc900\ub2e4. \ud5e4\ub4dc\ub77c\uc778 \uc218\uce58\ub294 \uc77c\uc2dc\uc801 \uc694\uc778\uc5d0 \uc758\ud574 \uc65c\uace1\ub3fc \uc788\uc9c0\ub9cc, \ud558\ubc18\uae30\ub85c \uac08\uc218\ub85d \uae30\uc870 \ubb3c\uac00 \uc555\ub825\uc774 \uac15\ud654\ub420 \uac83\uc774\ub77c\ub294 \uc2e0\ud638\uac00 \ub69c\ub837\ud558\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \uc5f0\ub9d0 \uc774\uc804 \uc77c\ubcf8\uc740\ud589(BOJ)\uc758 \uc815\ucc45 \ubcc0\ud654 \uac00\ub2a5\uc131\uc744 \uacfc\uc18c\ud3c9\uac00\ud558\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n

\uc11c\ube44\uc2a4 \ubb3c\uac00\ub294 \uacac\uc870\ud55c \uc784\uae08 \uc0c1\uc2b9\uc5d0 \ud798\uc785\uc5b4 \ud575\uc2ec \uad00\ucc30 \uc9c0\ud45c\ub85c \ub0a8\uc544 \uc788\ub2e4. \ucd98\ud22c(Shunto) \uc784\uae08\ud611\uc0c1 \ucd5c\uc885 \uc9d1\uacc4\uc5d0\uc11c \ud3c9\uade0 \uc784\uae08 \uc778\uc0c1\ub960\uc774 4.1%\ub85c 30\uc5ec \ub144 \ub9cc\uc758 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud55c \ub9cc\ud07c, \uc774\ub294 \uacac\uc870\ud55c \uc18c\ube44\uc9c0\ucd9c\uacfc \uc11c\ube44\uc2a4 \uac00\uaca9\uc5d0 \uacc4\uc18d \ubc18\uc601\ub420 \uac83\uc73c\ub85c \ubcf8\ub2e4. \uc774\ub7ec\ud55c \ud380\ub354\uba58\ud138 \uac15\ub3c4\ub294 \ud5a5\ud6c4 \uc778\ud50c\ub808\uc774\uc158\uc5d0 \uacac\uace0\ud55c \ud558\ubc29 \uacbd\uc9c1\uc131\uc744 \uc81c\uacf5\ud55c\ub2e4.<\/p>\n

\uae08\ub9ac \uc0c1\uc2b9\u00b7\uc5d4\ud654 \uac15\uc138\u00b7\ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ube44\ud55c \uc804\ub7b5\uc801 \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n

\uc2dd\ub8cc\ud488 \uac00\uaca9\uc774 \ubc14\ub2e5\uc744 \ud655\uc778\ud55c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4\ub294 \uc810\uc5d0\uc11c \uc8fc\uc694 \ucd09\ub9e4\uac00 \ud615\uc131\ub418\uace0 \uc788\ub2e4\uace0 \ud310\ub2e8\ud55c\ub2e4. 5\uc6d4 \uc0dd\uc0b0\uc790\ubb3c\uac00(PPI) \ub370\uc774\ud130\ub294 \uc5d0\ub108\uc9c0 \ud22c\uc785\ube44\uc6a9\uc774 \uc804\ub144 \ub300\ube44 8.5% \uc0c1\uc2b9\ud588\uc74c\uc744 \ubcf4\uc5ec\uc92c\uc73c\uba70, \ud574\ub2f9 \ube44\uc6a9\uc740 \ub2a6\uc5ec\ub984\uc5d0 \uc18c\ube44\uc790\uc5d0\uac8c \uc804\uac00\ub420 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4. \uc774\ub294 \uc124\ubb38\uc5d0\uc11c \uc0dd\uc0b0\uc790\ub4e4\uc774 \ud5a5\ud6c4 \uc218\uac1c\uc6d4 \ub3d9\uc548 \uc758\ubbf8 \uc788\ub294 \uac00\uaca9 \uac1c\uc815\uc744 \uacc4\ud68d\ud558\uace0 \uc788\ub2e4\ub294 \uacb0\uacfc\uc640\ub3c4 \ubd80\ud569\ud55c\ub2e4.<\/p>\n

\uc774\uc5d0 \ub530\ub77c 3\ubd84\uae30\uc640 4\ubd84\uae30\uc5d0 \uc77c\ubcf8 \uad6d\ucc44(JGB) \uae08\ub9ac(\uc218\uc775\ub960) \uc0c1\uc2b9\uc5d0 \ub300\ube44\ud574 \ud3ec\uc9c0\uc154\ub2dd\ud558\uace0 \uc788\ub2e4. \ud604\uc7ac \uc2dc\uc7a5\uc740 10\uc6d4\uae4c\uc9c0 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 40% \uc218\uc900\uc73c\ub85c \uac00\uaca9\uc5d0 \ubc18\uc601\ud558\uace0 \uc788\uc73c\ub098, \uc774\ub294 \uacfc\ub3c4\ud558\uac8c \ub0ae\ub2e4\uace0 \ubcf8\ub2e4. \ub2e8\uae30 \uae08\ub9ac \uc2a4\uc651\uc5d0\uc11c \ud398\uc774\uc5b4(payer) \ud3ec\uc9c0\uc158\uc744 \ub9e4\uc218\ud558\uace0, 9\uc6d4\u00b712\uc6d4 \ub9cc\uae30 JGB \uc120\ubb3c\uc5d0\uc11c \uc20f \ud3ec\uc9c0\uc158\ub3c4 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4.<\/p>\n

\ubcf4\ub2e4 \ub9e4\ud30c\uc801\uc778 BOJ\ub294 \uc800\ud3c9\uac00\ub3fc \ubcf4\uc774\ub294 \uc5d4\ud654 \uac15\uc138\ub85c \uc9c1\uacb0\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc6b0\ub9ac\ub294 \uc678\uac00\uaca9(out-of-the-money) USD\/JPY \ud48b\uc635\uc158 \ub9e4\uc218\ub97c \ud1b5\ud574 \uc5d4\ud654 \ub871\uc744 \uad6c\ucd95\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \uae08\ub9ac \uc778\uc0c1 \uae30\ub300 \uc7ac\ud3c9\uac00\ub85c \ud1b5\ud654\uac00 \uae09\uaca9\ud788 \uc808\uc0c1\ub420 \uacbd\uc6b0\uc5d0 \ub300\ud55c \uc775\uc2a4\ud3ec\uc800\ub97c \ube44\uc6a9 \ud6a8\uc728\uc801\uc73c\ub85c \ud655\ubcf4\ud558\ub294 \ubc29\ubc95\uc774\ub2e4.<\/p>\n

\uc870\uc6a9\ud55c \ud604\uc7ac \uc9c0\ud45c\uc640 \ub204\uc801\ub418\ub294 \uc778\ud50c\ub808\uc774\uc158 \uc555\ub825 \uac04\uc758 \uad34\ub9ac\ub294 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \uc720\ub9ac\ud55c \ud658\uacbd\uc744 \uc870\uc131\ud55c\ub2e4. \uc6b0\ub9ac\ub294 3\ubd84\uae30 \ub9d0 \ub9cc\uae30\uc758 \uc120\ubb3c\u00b7\uc635\uc158\uc744 \ud1b5\ud574 \ub2db\ucf00\uc774 \ubcc0\ub3d9\uc131\uc744 \ub9e4\uc218\ud558\uace0 \uc788\ub2e4. \uc774 \uc804\ub7b5\uc740 \ud22c\uc790\uc790\ub4e4\uc774 \uc815\ucc45 \uc815\uc0c1\ud654 \uc0ac\uc774\ud074\uc744 \uc120\ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud558\uba74\uc11c \ucee4\uc9c8 \uc2dc\uc7a5 \ubd88\ud655\uc2e4\uc131\uc5d0\uc11c \uc218\uc775 \uae30\ud68c\ub97c \uc81c\uacf5\ud55c\ub2e4.<\/p>\n\n\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 \u2014 VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\ub3c4\ucfc4 CPI\ub294 \uac89\ubcf4\uae30 \uc548\uc815\uc5d0\ub3c4 \uc218\ub3c4\uc694\uae08 \uae30\uc800\ub85c \uc65c\uace1; \ud558\ubc18\uae30\uc5d4 \uc2dd\ub8cc\ud488 \ubc14\ub2e5\u00b7\uc5d0\ub108\uc9c0 \uc804\uac00\u00b7\uc784\uae08\ubc1c \uc11c\ube44\uc2a4\ub85c \ubb3c\uac00 \uc555\ub825 \uac15\ud654. BOJ \uc815\uc0c1\ud654 \uacfc\uc18c\ud3c9\uac00\u2026 JGB \uae08\ub9ac\u2191, \uc5d4\ud654 \uac15\uc138, \ubcc0\ub3d9\uc131 \ub9e4\uc218 \uc720\ud6a8.<\/p>\n","protected":false},"author":87,"featured_media":50118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=50370"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50118"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}