Consumer prices up 2.8% in July; oil price hike slows
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Source: The Korea Herald
Published: 2026-08-04 09:35 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Energy, Economy & Finance, World News, Business & Economy, Asia Pacific
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Snippet:
South Korea's consumer prices rose 2.8 percent in July from a year earlier as oil prices remained elevated, though their rate of increase slowed, data showed Tuesday, with inflation falling below the 3 percent mark for the first time in three months.
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