South Korea's consumer inflation eased for a fourth consecutive month in May to its slowest pace in 19 months, data showed on Friday, matching market expectations.
The consumer price index rose 3.3% in May year-on-year, the Statistics Korea data showed, compared with a 3.7% rise in the previous month and in line with 3.3% forecast in a Reuters survey.
On a monthly basis, the index rose 0.3% in May, after a 0.2% increase in April, extending its run of gains to a sixth consecutive month. However, the central bank said the inflation outlook was highly uncertain, citing risks from global oil prices, economic growth and public utility price increases.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea, Japan hit panic buttons even as North Korean launch fizzlesResidents of South Korea’s capital city received a pre-breakfast jolt Wednesday morning as emergency messages warned them to prepare to evacuate the city. In southern Japan, Okinawans were advised to take cover as North Korea sought to place a suspected reconnaissance satellite into orbit.
Read more »
North Korea missile launch that put South Korea, Japan on high alert ends in failureState media reported that the rocket carrying the satellite crashed into waters off the Korean Peninsula’s western coast after it lost thrust following the separation of its first and second …
Read more »
Failed North Korea launch of spy satellite sets off security jitters in South Korea and JapanNorth Korea’s launch of a spy satellite on Wednesday ended in an embarrassing failure, but still prompted public confusion and security jitters in neighboring South Korea and Japan.
Read more »
Top 5 Korean Shows On Viki In MayTop 5 Korean Shows On Viki In May
Read more »
Top 5 Korean Shows On Viki In MayWhat was your favorite show on Viki this May? 🥰
Read more »