South Korean February CPI y/y comes in at slowest rise since April 2022

South Korea CPI for February 2022:

• +0.3% m/m vs. expected +0.5%
• +4.8% y/y vs. +5.1% expected
• Core +4.0% y/y vs. +4.1% in January

Some encouragement for lower inflation from South Korea. Still high but not sa high as it was.