03-April-2026
Economy News
 
South Korea March Inflation Undershoots Forecasts but Risks Skewed Higher
02-Apr-2026

South Korea's inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists warned that risks remain tilted to the upside with oil prices surging past $100 a barrel driven by the Iran war. Asia's fourth-largest economy, which is also the world's fourth-largest importer of oil, introduced last month nationwide fuel prices caps for the first time in nearly 30 years.

News Source:- http://money.usnews.com/investing/news/articles/2026-04-01/south-korea-march-inflation-2-2-y-y-weaker-than-expected