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South Korea May inflation +3.1% y/y, higher than expected

SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations, on high oil prices triggered by the Middle East conflict. The consumer price index rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after rising 2.6 per cent

Raccontata dakoreatimes.co.krchannelnewsasia.comkoreaherald.comkoreajoongangdaily.joins.comriotimesonline.com

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channelnewsasia.comStai leggendo18 h fa

South Korea May inflation +3.1% y/y, higher than expected

South Korea's May CPI hit 3.1% y/y, exceeding 3.0% consensus and highest since March 2024, as Middle East oil prices spiked. For Korean tech managers, higher inflation pressures cloud spending and signals potential rate hikes affecting enterprise borrowing.

originale

koreatimes.co.kr12 h fa

Consumer prices hit 26-month high, fueling rate hike expectations - The Korea Times

South Korea's May CPI hit 3.1% (26-month high) on oil prices (+24.2%), signaling Bank of Korea rate hikes starting July. Rate increases constrain venture funding and debt capacity for tech teams; rising energy costs make cloud infrastructure and AI workloads more expensive.

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koreaherald.com18 h fa

Consumer prices up 3.1% in May on soaring fuel prices

South Korea's inflation hit 3.1% in May—fastest in 26 months—as fuel surged 24.2% from Middle East supply shocks. Energy volatility raises operational costs for Asian data centers and cloud services; sustained cost pressures tighten IT capex cycles.

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riotimesonline.com1 h fa

Asia Intelligence Brief — Tuesday, June 2, 2026

Asia Intelligence Brief for Tuesday: South Korea's inflation jumped to 3.1%, a two-year high, and the central bank is signalling a rate hike; Indonesia's prices are climbing too as oil bites; China and Hong Kong stocks…

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koreajoongangdaily.joins.com14 h fa

Inflation projected to hover above 3 percent as Middle East tensions continue: BOK

South Korea's May inflation hit 3.1% (26-month peak) as petroleum prices surged 24.2% due to Middle East tensions. The BOK signals rate hikes, tightening cost-of-capital for IT capex and SaaS licensing budgets.

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Timeline cronologica

1. martedì 2 giugno 2026·koreatimes.co.kr
   

   Consumer prices rise 3.1% in May on soaring fuel prices - The Korea Times

   South Korea's consumer prices rose more than 3 percent in May from a year earlier amid global energy price volatility following the Middle East war...

2. martedì 2 giugno 2026·channelnewsasia.com
   

   South Korea May inflation quickens to two-year high, exceeds forecasts

   SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East…

3. martedì 2 giugno 2026·channelnewsasia.com
   

   South Korea inflation hits two-year high, imminent rate hike in play

   SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East…

4. martedì 2 giugno 2026·channelnewsasia.com
   

   South Korea May inflation +3.1% y/y, higher than expected

   SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations, on high oil prices triggered by the Middle East…

5. martedì 2 giugno 2026·koreaherald.com
   

   Consumer prices up 3.1% in May on soaring fuel prices

   South Korea's consumer prices rose more than 3 percent in May from a year earlier amid global energy price volatility following the Middle East war, data showed

6. martedì 2 giugno 2026·koreajoongangdaily.joins.com
   

   Consumer prices jump 3.1% in May on soaring fuel prices

   Korea's consumer prices rose more than 3 percent in May from a year earlier amid global energy price volatility following the Iran war, data showed Tuesday.

7. martedì 2 giugno 2026·koreaherald.com
   

   Inflation expected to stay above 3% amid prolonged Middle East tensions: BOK

   Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of the economy ami

8. martedì 2 giugno 2026·koreatimes.co.kr
   

   Inflation expected to stay above 3% amid prolonged Middle East tensions: BOK - The Korea Times

   Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of th...

9. martedì 2 giugno 2026·koreajoongangdaily.joins.com
   

   Inflation projected to hover above 3 percent as Middle East tensions continue: BOK

   Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of the economy amid prolonged Middle…

10. martedì 2 giugno 2026·koreatimes.co.kr
    

    Consumer prices hit 26-month high, fueling rate hike expectations - The Korea Times

    Korea's consumer inflation accelerated to a 26-month high in May, driven by soaring oil prices amid the ongoing conflict in the Middle East, reinfo...

11. martedì 2 giugno 2026·riotimesonline.com
    

    Asia Intelligence Brief — Tuesday, June 2, 2026

    Asia Intelligence Brief for Tuesday: South Korea's inflation jumped to 3.1%, a two-year high, and the central bank is signalling a rate hike; Indonesia's prices are climbing too…