South Korea's consumer price inflation accelerated to 2.6% in April, the highest in 21 months, driven by a 21.9% surge in petroleum prices amid Middle East conflict-related oil price spikes, while core inflation excluding food and energy remained stable at 2.2%.
#YonhapInfomax #ConsumerPriceInflation #PetroleumPrices #CoreInflation #MiddleEastConflict #OilPriceSurge #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=118966
South Korea expands butane fuel tax cuts from 10% to 25% through June 30 as part of comprehensive inflation control measures, while April consumer prices expected to rise above mid-2% range amid Middle East conflict impact on energy costs and raw material supplies.
#YonhapInfomax #ButaneTaxCut #ConsumerPriceInflation #FuelTaxReduction #MiddleEastConflict #EssentialGoodsManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116992
South Koreaโ€™s consumer price inflation is projected to remain at 2.4% in November, driven by higher petroleum prices and a strong dollar-won exchange rate, with experts expecting continued upward pressure on import costs.
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https://en.infomaxai.com/news/articleView.html?idxno=92455

Tough quarter for SA wine industry as sales fall

After a record-breaking close to 2024, South Africaโ€™s wine industry entered the new year with noticeably less momentum. According to the latest Market Review, the first quarter of 2025โ€ฆ
#wine #SouthAfricanWine #Commercialisingfarmer #Consumerinterest #consumerpriceinflation #Informme #southafrica #Wine #Wine(Industry) #WinefromSouthAfrica #WineofSouthAfrica
https://www.diningandcooking.com/2156209/tough-quarter-for-sa-wine-industry-as-sales-fall/

South Korea's April consumer price inflation nears Bank of Korea's 2% target, with experts citing falling oil prices offsetting exchange rate instability and weak domestic demand.
#YonhapInfomax #ConsumerPriceInflation #BankOfKorea #OilPrices #DomesticDemand #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60588
South Korea's consumer price inflation holds steady at 2.0% in February, driven by petroleum products, while core inflation remains stable at 1.8%, aligning with market expectations.
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https://en.infomaxai.com/news/articleView.html?idxno=53118
Consumer Prices Rise 2.0% in February - Second Month in 2% Range, Core Inflation at 1.8%

South Korea's consumer price inflation holds steady at 2.0% in February, driven by petroleum products, while core inflation remains stable at 1.8%, aligning with market expectations.

Yonhap Infomax
Central banks raising interest rates makes it harder to fight the climate crisis

Higher rates slow the renewable energy transition and shield oil and gas producers from competition by low-carbon producers

The Guardian