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Inflation

Japan and South Korea face pricier iPhones as currencies slump

Pricing for China was unchanged from previous model as the economy slows

The recently unveiled iPhone 14 and iPhone 14 Plus models. The sharp weakening of the yen and won has left Apple with little choice but to raise prices in the Japanese and and South Korean markets.   © Reuters

TOKYO -- Consumers in Japan and South Korea will have to pay considerably more for Apple’s latest iPhones than they did for last year's model amid a protracted slump in their currencies against the dollar.

The iPhone 14 series, which was unveiled this week, will go on sale on Sept. 16, with changes in price between this year and last differing wildly across markets.

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