Fuel price cap system lowered consumer prices by up to 0.8 pp in March: report
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Source: South Korea
Published: 2026-04-22 11:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, South Korea, Tax & Budget, Business & Economy
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Snippet:
SEOUL, April 22 (Yonhap) -- The fuel price cap system helped consumer prices drop by up to 0.8 percentage point in March, a state-run economic think tank said in a report Wednesday, noting the effects of fuel tax cuts will also begin to appear this month.
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