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South Korean December headline inflation comes in hotter than expected

South Korean inflation data for December 2024

Headline CPI +1.9% y/y, the most rapid rise in 4 months

  • expected +1.7%, prior +1.5%

Headline CPI +0.4% m/m

  • expected +0.2%, prior -0.3%

Core +1.8% y/y

  • prior +1.9%

For the year 2024 inflation came in at +2.3% y/y

  • 2023 was +3.6%

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

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