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S. Korea to unveil inflation-fighting measures, housing supply plan this week
S. Korea to unveil inflation-fighting measures, housing supply plan this week
EconomyAug 8, 2022
South Korea will unveil additional measures to tame inflation, and a package of housing supply plans, this week in an effort to help stabilize people's livelihoods, the finance minister said Monday. The government plans to roll out the soon-to-be announced inflation-fighting measures ahead of the Chuseok fall harvest holiday next month, as consumer prices ran at a near 24-year high in July due to high energy and food prices, according to Finance Minister Choo Kyung-ho. South Korea's co