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Reuters

Reuters

South Korea inflation weakest in almost 4 years, sets stage for more rate cuts

Reuters
Summary
Nutrition label

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.

VR Score

90

Informative language

100

Neutral language

8

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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