South Korea Inflation Rises 2.3% In 2024

RTTNews | 322 dias atrás
South Korea Inflation Rises 2.3% In 2024

(RTTNews) - Consumer prices in South Korea were up 2.3 percent on year in 2024, Statistics Korea said on Tuesday - moderating from 2.5 percent in the previous year.

For December, inflation rose 0.4 percent on month versus expectations for an increase of 0.2 percent following the 0.3 percent contraction in November.

On a yearly basis, consumer prices rose 1.9 percent 0 exceeding expectations for 1.7 percent and up from 1.5 percent a month earlier.

Marcadores : KRW
read more
South Korea PMI Sinks In October - S&P Global

South Korea PMI Sinks In October - S&P Global

The manufacturing sector in South Korea fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.4.
RTTNews | 14 dias atrás
South Korea GDP Growth Fastest In 1 1/2 Years

South Korea GDP Growth Fastest In 1 1/2 Years

South Korea's economy logged its fastest growth in one-and-a-half years in the third quarter, thanks to robust consumption and exports. Gross domestic product grew 1.2 percent from a quarter ago, advance estimate from the Bank of Korea showed on Tuesday. This followed second quarter's 0.7 percent expansion.
RTTNews | 20 dias atrás
Bank Of Korea Holds Rate At 2.50%

Bank Of Korea Holds Rate At 2.50%

The Bank of Korea retained its interest rate on Thursday as inflation remained stable and economic growth continued to improve amid rising concerns over the heated property market. The Monetary Policy Board of the Bank of Korea decided to leave the Base Rate unchanged at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
RTTNews | 25 dias atrás