The Bank of Korea in August said it expects inflation in the country to average 2.5% for 2024.

"Going forward, unless there is any additional shock from weather conditions or global oil prices, consumer inflation is ...

South Korea's headline inflation for August eased to 2% form 2.6%, its lowest level on a year-on-year basis since March 2021.

SEOUL--South Korea’s consumer sentiment dropped sharply in March on growing worries about higher produce prices, a central bank survey showed on Tuesday, as inflation hitting the dinner table ...

Almost everyone expected a global recession in 2023, as central bankers raised interest rates to cool inflation. The ...

South Korea’s President Yoon Suk-yeol continues to face a storm of criticism that has driven his approval ratings to record ...

The Bank of Korea left second-quarter data mostly unrevised, confirming that the economy shrank and giving policymakers added ...

North Korea on Wednesday test-fired multiple ballistic missiles toward its eastern seas, the South Korean and Japanese ...

Policymakers in the U.K., eurozone and Canada have already cut rates. But India, South Korea and others are, essentially, ...

The South Korean economy continues to show signs of recovery, driven by strong exports and manufacturing output, with ...

Global stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start.

SEOUL, Sept 3 (Reuters) - South Korea's consumer inflation slowed in August to the weakest in nearly 3-1/2 years, official data showed on Tuesday, supporting market expectations for an easing of ...