02-June-2026
Economy News
 
South Korea Inflation Hits Two-Year High, Imminent Rate Hike in Play
02-Jun-2026

South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening as early as next month.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-01/south-korea-may-inflation-3-1-y-y-higher-than-expected