South Korea's y/y CPI is at its highest in a decade

Data out of South Korea on GDP and inflation.

• November CPI +0.4% m/m (expected -0.2%) and +3.7% y/y (expected 3.1%)
• the y/y is at its highest since December 2011
• core CPI +1.9% y/y (prior +2.4%)

Revised Q3 GDP is unchanged from the earlier release:

• +0.3% q/q
• +4% y/y