HawkInsight

  • Contact Us
  • App
  • English

South Korea's December CPI inflation rate at lowest since June

South Korea's annual consumer price inflation in December from 3 in November.3% down to 3.2%。

韩国12月CPI

South Korea's annual consumer price inflation in December was up from 3 in November, according to the Korea Statistics Bureau..3% down to 3.2%。

It was the lowest consumer price index inflation rate since June, largely due to a slowdown in food costs.。

By contrast, market consensus is expected to slow to 3..26%。

On a monthly basis, South Korea's consumer prices remained unchanged in December, while falling by 0% in November..5%。Latest inflation figures fail to reach market pair 0.2% growth forecast。

The won was essentially flat against the dollar on the day, with the USD / KRW currency pair last quoted at 1,290.35。

South Korean won trading with US dollar continues to approach record 1,284.The latest six-week high of 35, which was set in early Asian trading。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.