South Korea’s CPI Slows for Fourth Consecutive Month, Indicating Inflation Past its Peak
According to the latest data released by South Korea’s National Statistical Office, the country’s Consumer Price Index (CPI) shows a continued slowdown in inflation for the fourth consecutive month, suggesting that inflationary pressures in South Korea have reached their peak. In May, the CPI rose by 3.3% on a year-on-year basis, indicating a deceleration from …
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