South Korea June inflation beats forecasts
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FILE PHOTO: A woman carrying meals on her head makes her way through shoppers at a traditional market in Seoul, South Korea, January 4, 2024. REUTERS/Kim Hong-Ji/ File Photo
SEOUL (Reuters) -South Korea's consumer inflation accelerated in June to its fastest pace since January this year, government data showed on Wednesday, beating market expectations.
The consumer price index rose 2.2% in June from a year earlier, after rising 1.9% in May, according to Statistics Korea.
(Reporting by Cynthia Kim; Editing by Tom Hogue)
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