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Iraq Bulletin

Tag : consumer prices

Business

South Korea inflation quickens to 3.1% as costs climb

iraqbulletin.co
South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base...
Business

South Korea heat wave drives fresh food prices higher

iraqbulletin.co
Fresh vegetable prices have surged in South Korea as prolonged extreme heat reduced shipments and damaged farm output nationwide. Korea Agro-Fisheries & Food Trade Corp. data showed spinach at 1,978 won per 100 grams on Aug. 7, up 152.3% from...
Business

OECD inflation eases to 4.2% as lower energy rates take hold

iraqbulletin.co
Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes in consumer prices across the group’s member countries. Inflation declined in 20 economies, increased in...
Business

Bank of Korea keeps rate at 2.5% for seventh hold

iraqbulletin.co
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure, weaker growth risks and heightened...
Business

South Korea inflation hits 2.2% in March on oil surge

iraqbulletin.co
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer price index rose 0.3%, matching...