Consumer prices rise at fastest pace in 21 months in April

Lee Doo-won, a senior official at the Ministry of Data and Statistics, speaks during a press conference at the government complex in Sejong, central South Korea, on May 6, 2026, to announce South Korea's consumer prices rose 2.6 percent in April from a year earlier, driven by soaring fuel costs. It marks the largest on-year increase since July 2024, when inflation climbed 2.6 percent. (Yonhap)

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