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South Korea’s headline CPI in August has risen at its slowest y/y pace since March 2021

August consumer price index +2.0% y/y (expected +2.0%)

  • Consumer price index
    +0.4% m/m (expected +0.3%)
  • Core CPI +2.1% y/y
    vs +2.2% in July
  • Consumer price index
    marks slowest rise y/y since March 2021
  • Core CPI marks
    slowest rise y/y since November 2021

Info comes via Reuters, the slowing pace of inflation continues globally.

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

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