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South Korea CPI Inflation Slows More Than Expected

Por: RTTNews Business July 04, 2023

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South Korea's consumer price inflation slowed for a fifth month in a row and at a stronger than expected pace in June to its lowest level in nearly two years, figures from Statistics Korea showed on Tuesday.The consumer price index, or CPI, rose 2.7 percent year-on-year in June, after a 3.3 percent increase in May. Economists had expected 2.9 percent inflation.The latest inflation rate was the lowest in 21 months.Consumer prices remained... + full article



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