Water Minister explores available options for seawater desalination in Aden
The Minister of Water and Environment Engineer Tawfiq al-Sharjabi discussed with a specialized team from the United Nations Development Program on Wednesday the topics related to the projects and interventions implemented by the program.
Gaza: Death toll from the Israeli occupation’s aggression against Gaza rose to 38,919 martyrs and 89,622 injured.
The Israeli aggression against the Gaza Strip has left 38,919 civilians martyred and 89,622 others injured since October 7, 2023.
Inflation rate in Oman increased by 0.7 percent in June
The inflation rate in the Sultanate of Oman increased by 0.7 percent in June 2024 compared to the same month in 2023.
Real Madrid announces extension of Luka Modric's contract until 2025
Spanish football club Real Madrid announced on Wednesday it had extended the contract of Croatian midfielder Luka Modric for one year, to remain with the team until 2025.
User Name: Password:
South Korea: Inflation retreats to 2.7 percent in May
[04/06/2024 01:24]
SEOUL-SABA
South Korea's consumer prices stayed below 3 percent for the second consecutive month in May, but prices of fruits and petroleum products soared over supply issues and unstable global oil prices, data showed Tuesday.

The South Korean News Agency (Yonhap) reported that consumer prices, a key gauge of inflation, rose 2.7 percent on-year last month, compared with the 2.9 percent on-year rise a month earlier, according to the data from Statistics Korea.

It marked the second straight month that the price growth slowed down and the figure stayed below 3 percent.

In January, inflation fell below 3 percent for the first time since July 2023 to come to 2.8 percent, but it rose back to 3.1 percent in February and stayed at the same level the following month, according to Yonhap.

Core inflation, which excludes volatile food and energy prices, gained 2.2 percent.

The government has said that the country is projected to reach the target rate of 2 percent by around the end of 2024, though prices are forecast to ease at a slower pace than earlier expected.

The finance ministry expects this year's prices to rise 2.6 percent.


Inflation rate in Oman increased by 0.7 percent in June
Japan records trade surplus of 224-billion-yen last month
Inflation rate in UK remains stable at 2 percent
Kuwait announces discovery of giant oil quantities in al-Nokhatha oilfield
China's foreign trade rises by 6.1% in the first half of 2024
Oil rebounds on likely drop of US stockpiles, and optimism regarding rate cuts
China's Passenger Car Exports Increase by 28% in June
South Korea's car exports increase by 3.8 percent
South Korea records largest current account surplus in 32 months
Over 7 Mln Passengers Travelled through Sofia Airport in 2023

About Saba News Agency | Usage Agreement | Contact Us