WSJ
01 Jun 2026, 23:46 UTC · 2h ago
South Korea Inflation Accelerated to 26-Month High in May
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WSJ
01 Jun 2026, 23:46 UTC · 2h ago
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The benchmark consumer-price index rose 3.1% year-on-year in May. — Higher than expected inflation typically pressures central banks to maintain higher interest rates, weighing on risk assets.
-0.60Oil prices have increased due to Middle East tensions. — Rising energy costs act as a tax on consumers and businesses, potentially slowing economic growth.
-0.40The Korean won has weakened against the U.S. dollar. — Currency depreciation increases the cost of imports, further fueling domestic inflationary pressures.
-0.30Ticker attribution
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