Korea: Inflation rises slightly, but remains subdued

Annual inflation inched up from October’s 14-year low of 0.7% to 0.9% in November, which undershot market expectations of 1.0%. The annual reading remains well below the Central Bank’s target range of 3.0% plus/minus 0.5 percentage points, providing the Bank of Korea with ample scope to cut interest rates going forward.

Read more about Korean Inflation.

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