consumer prices

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    KDI: Geopolitical Conflict Fuels Inflationary Concerns in S. Korea

    Seoul, April 7 – Downside risks to the South Korean economy are increasing amid the prolonged conflict in the Middle East, as rising global oil prices and supply chain disruptions could have broader negative impacts on prices, consumption, and exports, a state-run think tank said on Tuesday...
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    South Korea Inflation Rises to 2.2% in March Amid Surge in Global Oil Prices

    South Korea Inflation Rises to 2.2% in March Amid Surge in Global Oil Prices Seoul, April 2: South Korea’s consumer price inflation accelerated to 2.2 percent year-on-year in March, exceeding the government’s 2 percent target, as rising global oil prices driven by prolonged Middle East tensions...
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