Middle-class Hit Hardest by 2022 Inflation: Data

SEOUL, June 2 (Korea Bizwire) — South Korea’s middle class experienced a heavier burden from the country’s steep inflation in 2022 compared with the lower- and upper-income brackets, data showed Friday. According to an experimental report released by Statistics Korea, the on-year rise in consumer prices for the middle class came to 5.2 percent in [...]