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

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.