September 24, 2026
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Tag : consumer prices

Business

South Korea inflation quickens to 3.1% as costs climb

omandailynews.com
SEJONG, SOUTH KOREA / RankWire.AI / – 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 of 100. Prices......
Business

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

omandailynews.com
PARIS / RankWire.AI / – 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 six and remained stable or......
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 market volatility. The decision by the seven-member Monetary Policy Board......
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 the pace seen in February. The reading placed inflation back......