Inflation Will Stay Below 3.0 Percent in South Korea

South Korea’s annual inflation will fall below 3.0 percent for the 12 months ending December 2026, even after June showed a 3.2 percent jump with the CPI at 119.99 (2020=100). The June spike was driven by a 24.7 percent rise in petroleum that added 0.93 percentage points, and core inflation ran at…