South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the war in Iran drove up energy prices, an outgoing member of the policy-setting board said on Monday. "If there is a possibility of it deviating from our target of 2 per cent, especially towards the upward direction, it is appropriate to focus on inflation, even if there is a significant trade-off between growth and inflation," Shin Sung-hwan said at a press conference a day before his term on the seven-member monetary policy board ends on Tuesday. [...]