FILE PHOTO: Office workers pick up lunch boxes at a convenience store in Seoul, South Korea, June 24, 2022. Picture taken June 24, 2022.  REUTERS/ Heo Ran/File Photo
FILE PHOTO: Office workers pick up lunch boxes at a convenience store in Seoul, South Korea, June 24, 2022. Picture taken June 24, 2022. REUTERS/ Heo Ran/File Photo
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Business & Economy

South Korea April inflation +2.1% y/y, slightly above forecast

SEOUL (Reuters) -South Korea’s consumer prices rose 2.1% in April over a year, slightly above market expectations, official data showed on Friday.

That compared with a 2.1% rise in March and 2.0% tipped in a Reuters poll of economists.

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The consumer price index rose 0.1% on a monthly basis, after rising 0.2% in the previous month. It was the slowest since November 2024.

(Reporting by Jihoon Lee; Editing by Chris Reese)

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