Seoul, May 6 (IANS) South Korea’s consumer prices rose at the fastest pace in 21 months in April, driven by soaring fuel costs amid the Middle East conflict, government data showed on Wednesday.Consumer prices, a key gauge of inflation, increased 2.6 percent from a year earlier last month, according to the data from the Ministry of Data and Statistics. It marks the largest on-year increase since July 2024, when inflation climbed 2.6 percent, reports Yonhap news agency.The latest rise was driven …
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Seoul, Jan 30 (IANS) South Korea’s industrial output grew at the slowest pace in five years in 2025, despite strong growth in the semiconductor industry, while retail sales and facility investment showed signs of improvement, government data showed on Friday.Industrial output gained 0.5 percent from a year earlier in 2025, slowing from a 1.5 percent increase the previous year, according to the data from the Ministry of Statistics and Data, reports Yonhap news agency.The 2025 figure marks the wea…