South Korea's inflation rises to 3.1%
South Korea recorded an increase in the annual inflation rate, reaching 3.1% in August, up from 2.8% in July. This rise was driven by a 14.2% surge in oil prices and a 26.7% jump in mobile phone service fees. Core inflation also rose to 3.4%, the highest level since May 2023, reflecting the impact of rising energy and service costs on overall prices.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)