S. Korea Inflation Picks Up After One-Off Telecom Fee Cuts End

S. Korea Inflation Picks Up After One-Off Telecom Fee Cuts End

(Bloomberg) — South Korea’s consumer inflation quickened as the impact of temporary cuts to communications fees faded and food prices rose, clouding the case for the central bank to lower borrowing costs later this month.

South Korea inflation picks up after one-off telecom fee cuts end

The figures come as policymakers debate the case for more economic stimulus to cushion the economy from US President Donald Trump’s tariff campaign