September 03, 2024 at 12:45AM
Data is here:
South Korea’s headline CPI in August has risen at its slowest y/y pace since March 2021
South Korea’s Vice fin min comments after data showed consumer inflation hits its weakest in nearly three-and-a-half years.
This has boosted expectations for an imminent easing of monetary policy at the Bank of Korea’s next meeting (October 11).
This article was written by Eamonn Sheridan at www.forexlive.com.