South Korea January inflation +2.0% y/y, in line with forecast
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South Korea's consumer inflation in January rose by 2.0% year-on-year, matching market forecasts and marking the lowest increase in five months. This follows a 2.3% rise in December and aligns with the central bank's medium-term target. On a monthly basis, the index increased by 0.4%, slightly above the previous month's 0.3% and close to the expected 0.44% rise.
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Source: CNA The copyright of this article belongs to the original author/organization.
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