There will, of course, be a substantial y/y base effect in this from April of 2020.
Mix in supply chain issues and the number has popped to its highest in around 3.5 years.
April 2021 CPI +2.3% y/y
- +0.2% m/m
The core measure is +1.4% y/y
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South Korean y/y CPI in April has hit its highest since August of 2017
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