Tag: 2-1/2-year high

  • South Korea’s inflation rate quickens to 2-1/2-year high

    South Korea’s inflation rate quickens to 2-1/2-year high

    SEOUL, July 2 : South Korea’s consumer inflation accelerated to a two-and-a-half-year high in June, cementing expectations for an interest rate hike by the central bank as early as its upcoming policy meeting on July 16.The consumer price index (CPI) rose 3.2 per cent from a year earlier, marking the biggest

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