South Korean April consumer inflation highest in nearly two years amid Iran war

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SEOUL, May 6 : South Korea's consumer prices rose in April at the steepest pace in nearly two years, as expected, fuelled by a surge in oil prices triggered by the Middle East conflict. The consumer price index rose 2.6 per cent in April from a year earlier, after rising 2.2 per cent in March, government data showed on Wednesday, matching the median forecast in a Reuters poll and marking the biggest year-on-year rise since July 2024. The index rose 0.5 per cent from the month before, after

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South Korean April consumer inflation highest in nearly two years amid Iran war https://www.channelnewsasia.com/ - 06.05.2026 02:43

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South Korean April consumer inflation highest in nearly two years amid Iran war https://www.channelnewsasia.com/ - 06.05.2026 02:43