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South Korea inflation hits 30-month high in June amid Middle East tensions
South Korea’s consumer inflation rose to its highest level in 30 months in June, as the impact of the Middle East war continued to feed through oil prices and supply chains, official data showed Thursday. Consumer prices increased 3.2% last month from a year earlier, marking the fastest annual rise since December 2023 and the second consecutive month above 3%, according to the Ministry of Data and Statistics [...]