South Korea June Core CPI in July 1.2% y/y (vs. 1.2% also in June)

Headline inflation from SK in July:

• 0.2% m/m (expected was 0.0%, prior was -0.1%)
• 2.6% y/y (expected was 2.4%, June was 2.4%)

The 2.6% y/y headline result matched that from May 2021, its highest in 9 years.