South Korea April inflation +2.1% y/y, slightly above forecast | Singapore Breaking News & Latest Updates

South Korea April inflation +2.1% y/y, slightly above forecast — Business FILE PHOTO: Office workers pick up lunch boxes at a convenience store in Seoul, South Korea, June 24, 2022. Picture taken June 24, 2022. REU...

Business

FILE PHOTO: Office workers pick up lunch boxes at a convenience store in Seoul, South Korea, June 24, 2022. Picture taken June 24, 2022. REUTERS/ Heo Ran/File Photo

SEOUL :South Korea's consumer prices rose 2.1 per cent in April over a year, slightly above market expectations, official data showed on Friday.

That compared with a 2.1 per cent rise in March and 2.0 per cent tipped in a Reuters poll of economists.

The consumer price index rose 0.1 per cent on a monthly basis, after rising 0.2 per cent in the previous month. It was the slowest since November 2024.

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