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Oil drives South Korean inflation higher, but government curbs keep it contained

people_culture UTC: 2026-04-02 21:00:48

Government measures helped to absorb price shocks partly South Korea’s consumer price inflation rose 2.2% year-on-year in March (vs 2.0% in February, 2.3% market consensus). On a monthly basis, prices rose 0.3%, below the market consensus of 0.6%. Rising global oil prices expl...

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