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South Korea inflation climbs to 3.1%, fueling rate-hike speculation
x/republic-of-korea
— Sep 2, 2026
South Korea’s August inflation rebounded to 3.1%, lifted by a base effect from last year’s telecom discount and broadening core price gains as living-cost pressures persist, with food and service costs contributing to the upswing and potentially influencing the central bank’s policy stance. In Pakistan, inflation also rose to 11.1% in August, driven mainly by higher food and energy prices and a sharp surge in transport costs after petroleum price revisions, with the central bank maintaining a high policy rate to curb price pressures.
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Tom Gallagher
Base effects aside, food and service prices climbing again means real relief for households isn't coming anytime soon.
