SEOUL -- South Korea's inflation rate reached a nearly 24-year high in June as the country struggles to cope with soaring energy and food prices, official data showed on Tuesday.
CPI climbed 6%, heaping pressure on President Yoon and big manufacturers
A worker cuts meat at a restaurant in Seoul. The Bank of Korea will determine whether an interest rate hike in July will help tame inflation. © Reuters
SEOUL -- South Korea's inflation rate reached a nearly 24-year high in June as the country struggles to cope with soaring energy and food prices, official data showed on Tuesday.