Consumer Prices
South Korea consumer prices rise 3.2 percent in June to 30-month high
Reported by AI Image generated by AI
Statistics Korea data showed consumer prices rose 3.2 percent in June from a year earlier, the sharpest increase since December 2023.
Filipino consumers may soon face slight price increases for some basic goods as manufacturers grapple with rising fuel and logistics costs tied to the Middle East conflict.
Reported by AI
China's consumer price index rose 0.8 percent in the first two months of 2026, driven by a surge in spending during an extended Chinese New Year holiday. However, analysts remain concerned about long-term deflation risks.
South Korea's consumer prices rose 2.4 percent year-on-year in November, exceeding the Bank of Korea's 2 percent target for the third consecutive month. The increase was driven by sharp rises in agricultural, livestock, fishery products and petroleum prices, with core inflation climbing to 2.9 percent. The central bank pledged to closely monitor price trends amid rising living costs.