October 16, 2026
Trending now

OMP and Eastman Show Decision Velocity in Practice at Gartner Supply Chain Planning Summit 2026

Thailand floods kill 71 and hit nearly 909,000 households

Meta debuts Muse Wonder models for AI agents and coding

WHO launches 2030 plan for 24-hour health threat detection

Pakistan imposes governor’s rule in Khyber Pakhtunkhwa

Oman power output rises while water production falls

EU announces investment in health of almost €170M plan

Pakistan bears largest share of rising MENAAP poverty

Africa launches first continental credit rating agency

Air Arabia adds new Sharjah to Amman City Airport route

Tag : consumer prices

Business

South Korea inflation quickens to 3.1% as costs climb

omandailynews.com
South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base...
Business

OECD inflation eases to 4.2% as lower energy rates take hold

omandailynews.com
Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes in consumer prices across the group’s member countries. Inflation declined in 20 economies, increased in...
Business

Bank of Korea keeps rate at 2.5% for seventh hold

omandailynews.com
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure, weaker growth risks and heightened...
Business

South Korea inflation hits 2.2% in March on oil surge

omandailynews.com
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer price index rose 0.3%, matching...