South Korea Inflation Slows
This is a South Korea's news story, published by Yahoo Finance, that relates primarily to Reuters news.
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inflation indexReuters
•South Korea inflation weakest in almost 4 years, sets stage for more rate cuts
77% Informative
South Korea's October inflation slowed further to the weakest level in almost four years .
Consumer price index rose 1.3% in October from a year earlier , after an increase of 1.6% in September .
That was weaker than a median 1.4% increase tipped in a Reuters poll of economists.
Declining prices of global oil and fresh food prices have been stabilising local inflationary pressure.
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