South Korea inflation hits near decade-high in October, raising rate hike bets

November 02, 2021 8:09 AM

SEOUL (REUTERS) – South Korea’s consumer inflation accelerated to a near 10-year peak in October on higher costs in oil products, housing rentals and outdoor dining, putting pressure on policymakers ahead of the last monetary policy meeting of the year.

Source : http://www.straitstimes.com/business/economy/south-korea-inflation-hits-near-decade-high-in-october-raising-rate-hike-bets