S Korea's inflation recorded the fastest increase since July 2024, driven by surging energy costs. CPI in April rose 2.6% YoY, higher than 2.2% in March and in line with market expectations.Core inflation, which excludes volatile food and energy prices, increased 2.2% in April, indicating that underlying price pressures remained under control despite mounting external cost shocks. (mn/w)
AASTOCKS Financial News