South Korea inflation accelerates to near decade high amid Ukraine crisis

March 04, 2022 9:31 AM

SEOUL (REUTERS) – South Korea’s consumer inflation hovered near a decade high in February and stood above the central bank’s 2 per cent target for an 11th month, adding pressure on policymakers to raise interest rates amid surging oil prices due to the Russia-Ukraine crisis.

Source : https://www.straitstimes.com/business/economy/south-korea-inflation-accelerates-to-near-decade-high-amid-ukraine-crisis