South Korea April inflation +2.1% y/y, slightly above forecast

SEOUL (Reuters) -South Korea’s consumer prices rose 2.1% in April over a year, slightly above market expectations, official data showed on Friday.

That compared with a 2.1% rise in March and 2.0% tipped in a Reuters poll of economists.

The consumer price index rose 0.1% on a monthly basis, after rising 0.2% in the previous month. It was the slowest since November 2024.

(Reporting by Jihoon Lee; Editing by Chris Reese)