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S. Korea's consumer prices slow for 4th month in May
S. Korea's consumer prices slow for 4th month in May
Economy
South Korea's consumer prices growth slowed for the fourth consecutive month in May from a year ago, data showed Friday, in yet another signal that the country's inflation has passed its peak. Consumer prices, a key gauge of inflation, rose 3.3 percent last month from a year earlier, compared with a 3.7 percent on-year rise in April, according to the report from Statistics Korea. The growth fell below 4 percent for the first time in 14 months in April. The prices of utility services shot up 23.2
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 S. Korea’s L-SAM: vanguard of multilayered missile shield
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Defense
Seoul plans to commence mass production of L-SAM in 2025, which will reinforce existing low-tier missile defense system
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