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Consumer prices rise to highest in 30 months in June on Middle East war impact

Summary by The Korea Times
Korea's consumer prices rose more than 3 percent from a year earlier for two straight months in June, reflecting the lingering impact of the Middle...

2 Articles

Center

Last month, consumer prices rose by the largest margin in two and a half years. This was due to the sharpest increase in petroleum product prices in nearly four years, as international oil prices rose in the aftermath of the Middle East war. The cost of living also rose the most in two and a half years, impacting the tangible reality felt by ordinary people.

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Naver broke the news on Wednesday, July 1, 2026.
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