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

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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 Purchase Licensing Rights , opens new tab SEOUL, May 2 (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. Sign up here. 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 Our Standards: The Thomson Reuters Trust Principles. , opens new tab

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