SEOUL: South Korean inflation is likely to ease in November to about 3.6% as prices of agricultural products have started to fall, the finance minister said on Sunday.
South Korea’s consumer price index stood 3.8% higher in October from a year ago, the fastest inflation rate since March 2023 and above the 3.6% forecast by a Reuters poll.
“Oil prices have been falling a little bit recently.
If this is the trend, the inflation rate will be around 3.5% to 3.6%, and this kind of price…
