South Korea inflation hits 2.2% in March on oil surge
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official...
Tag : consumer prices
Avian flu wreaks havoc on US egg supply and consumer markets
Egg prices have surged to over $9 per dozen due to avian flu outbreaks, culling millions of hens and creating supply shortages that experts warn...
China’s inflation slips further in December, raising deflation concerns
China’s inflation fell to 0.1% in December, highlighting weak demand. Producer prices dropped for the 27th month, raising concerns over deflation despite Beijing’s attempts to...
China grapples with deflation as global concerns mount
China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official data reveals a 0.3% decline...