✉news BusinessEconomy first seen 4 d ago, last 4 d ago, peak #37
South Korea inflation eases to 2.9% in September
Original: South Korea September inflation eases to 2.9% y/y, matches forecast
South Korea's consumer price inflation slowed to 2.9% year-on-year in September, in line with economists' forecasts. The figure indicates cooling price pressures, which may ease pressure on the Bank of Korea to raise interest rates further, though inflation remains above the central bank's 2% target.
Why now: Investors and policymakers are watching inflation data closely for signals about future interest rate decisions.
Evidence
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