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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

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

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koreaherald.comStai leggendo19 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.

originale

koreajoongangdaily.joins.com18 h fa

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.

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koreatimes.co.kr13 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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channelnewsasia.com19 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.

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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 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…

3. 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…

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·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...