News Snapshot:
Economy S.Korea’s 2022 inflation may shoot to 11-year peak Annual inflation is expected to be around 3%, the highest since 2011, as consumer prices rise more than 3% for the fourth straight month By 25 MINUTES AGO South Korea’s inflation this year is expected to accelerate to an 11-year high, adding to expectations of further interest rate hikes later this year, as consumer prices in Asia’s fourth-largest economy continued to rise more than the central bank’s forecast. Consumer prices rose 3.6% in January from a year earlier, a notch lower than a 3.8% decade peak in November 2021, according to...
