Updated Thursday, July 2, 2009 11:38 am TWN, AFP

South Korean inflation at 22-month low in June

SEOUL -- South Korea's inflation rate was the lowest for 22 months in June, figures showed Wednesday, easing fears that price rises could hamper an economic recovery bolstered by stimulus spending. The National Statistical Office said the consumer price index rose 2 percent last month from a year earlier, slowing from a 2.7 percent year-on-year rise in May.

The June figure was the slowest annual growth since August 2007.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email

Korea Breaking News

Updated Wednesday, November 4, 2009 11:04 am TWN
▪	South Korean foreign reserves rise in Oct. to US$264.2 bil.
▪	Exit strategy for S. Korea economy is premature: Lee
▪	S. Korean shipbuilder wins US$1.4 bil. Myanmar order
▪	South Korea records trade surplus of US$3.79 bil. in Oct.
▪	South Korean business sentiment hits 7-year high

Most Read

▪	Premier Wu will quit if allegations proven
▪	U.S. army post shooting rampage leaves 13 dead
▪	TAIEX index up 45.59 points on Wall St. rally, looming ECFA
▪	U.S. jobless rate tops 10 percent
▪	IMF chief to travel to Singapore, China this month

Sponsors
▪	Get Car Hire Asia, Thailand, Middle East, Cyprus, Dubai, USA
▪	Business Directory
▪	Taiwan Classifieds - Teaching jobs, apartments, personals