South Korean September consumer price index marks slowest rise y/y since February 2021


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Info comes via Reuters report.

South
Korea September consumer price index +1.6% y/y (Reuters poll +1.9%)

  • +0.1% m/m (Reuters poll +0.3%)
  • Core CPI +2.0% y/y vs +2.1% in August
  • September consumer price index marks slowest rise y/y since
    February 2021
  • Core CPI marks slowest rise y/y since November 2021

South Korean finance minister remarkson the lower inflation data, and also on recent events:

  • Will closely monitor
    economic, market impact from middle east tensions
  • Inflation in
    downward stabilising trend

This article was written by Eamonn Sheridan at www.forexlive.com.

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