Consumer prices rise to highest in 30 months in June on Middle East war impact

South Korea's consumer prices rose more than 3 percent from a year earlier for two straight months in June, reflecting the lingering impact of the Middle East war on supply chains and oil prices, data showed Thursday. Consumer prices, a key gauge of inflation, increased 3.2 percent last month from a year earlier, according to data from the Ministry of Data and Statistics. It marked the sharpest increase since December 2023, when the figure was at the same level. Prices of industrial products ros

By The Korea Herald