Prolonged Mideast war feared to lead to price hikes: finance ministry

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Source: The Korea Herald
Published: 2026-05-15 11:09 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, South Korea, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
The South Korean economy continues to be on a recovery path on the back of strong chip exports, but the prolonged Middle East crisis is raising concerns over inflation and growing financial burdens on households, the finance ministry said Friday.
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