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South Korea Inflation Rises 2.3% On Year In July
(RTTNews) - Consumer prices in South Korea were up 2.3 percent on year in July, Statistics Korea said on Wednesday, touching a two-year low.
The July reading was shy of expectations for 2.4 percent and down from 2.7 percent in June.
On a monthly basis, consumer prices rose 0.1 percent - also below forecasts for a gain of 0.2 percent following the flat reading a month earlier.
Core CPI, which excludes the volatile price of food, slowed to an annual 3.3 percent in July from 3.5 percent in June.
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South Korea Inflation Jumps 0.5% In September
Consumer prices in South Korea were up a seasonally adjusted 0.5 percent on month in September, Statistics Korea said on Thursday.
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South Korea August Current Account Surplus $9.15 Billion
South Korea posted a current account surplus of $9.15 billion in August, the Bank of Korea said on Thursday - down from $10.78 billion in July.
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