Green Asia
South Korea Sept consumer inflation +3.7% y/y, higher than forecast
![](https://nsn.asia/wp-content/uploads/https://onecms-res.cloudinary.com/image/upload/s--7xNHUkOa--/fl_relative,g_south_east,l_one-cms:core:watermark:reuters,w_0.1/f_auto,q_auto/c_fill,g_auto,h_676,w_1200/v1/one-cms/core/2023-10-04t230542z_1_lynxmpej9311l_rtroptp_3_southkorea-economy-inflation-convenience-store.jpg?itok=fibtbmMj)
[ad_1]
SEOUL : South Korea’s consumer inflation accelerated for a second month in September, outpacing market expectations, official data showed on Thursday.
The consumer price index stood 3.7 per cent higher in September from a year earlier, after recording a 3.4 per cent rise in August. Economists in a Reuters survey had expected the figure to stay unchanged.
On a monthly basis, the index rose 0.6 per cent, according to Statistics Korea, compared with a 1.0 per cent jump the previous month and a median 0.3 per cent forecast.
[ad_2]
Source link