South Korea Faces Biggest Energy Price Rise Since 1980 – Nikkei

South Korea faces its biggest electricity price rise in over 40 years as a weakened currency piles pressure on manufacturers, Nikkei Asia reported.

Korea Electric power raised its base electric rate by 17% for industrial customers and 6.8% for residential users, which the report said was the largest increase since 1980.

Read the full report: Nikkei Asia

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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