SEOUL :South Korea's consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and agricultural product prices.The consumer price index rose 2.7 per cent in June from a year earlier, compared with an increase of 3.3 per cent in May and a media
SEOUL :South Korea's consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and agricultural product prices.
It softened for a fifth consecutive month and marked the weakest annual increase since September 2021, according to Statistics Korea. The headline index was flat on a monthly basis, compared with a 0.3 per cent rise in the previous month and a 0.2 per cent increase expected by economists.
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