Dossier
consumer price inflation
Coverage of consumer price inflation in the Nexus archive.
- South Korea’s central bank hikes rate for 1st time since 2023 to curb inflation, debt
South Korea’s central bank raised its key interest rate from 2.5% to 2.75% for the first time since January 2023 to address inflation driven by the Middle East conflict and energy costs, as well as high household debt. The decision followed stronger-than-expected economic growth fueled by semiconductor exports linked to global AI demand, prompting the government to revise its 2026 growth forecast upward to 3%.
- South Africa: Fuel Price Surge Pushes Consumer Price Inflation to 4.5 Percent in May
South Africa's consumer inflation rate increased to 4.5% in May 2026, up from 4.0% in April, marking the highest annual rate since July 2024. The rise is attributed to a fuel price surge.