SEOUL (Reuters.) – South Korea’s President Yoon Suk Yeol declared Wednesday that security on the Korean peninsula is “tense” citing concerns about a possible North Korean nuclear test.

Yoon commented during a meeting of secretaries. According to a pool report by the South Korean presidency office, Yoon urged officials not to lose sight and be more prepared to handle such situations.

During the meeting, he also stated that the greatest problem facing the economy was price growth.

He stated that the economy was in an extremely difficult position and the main problem is price rise. It is important to examine all the indicators to determine if there are any ways that prices can be contained.