South Korean October headline CPI is the lowest in more than 3.5 years

  • South Korea inflation data for October 2024

Headline CPI +1.3% y/y in October, weakest level since January 2021

  • expected 1.4%, prior 1.6%
  • for the m/m 0.0%

Core CPI +1.8%

  • down from 2.0% in September
korea location 05 November 2024 2

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