South Korea August inflation quickens, CPI at 3.1% y/y
South Korea CPI rose 3.1% in August y/y versus 2.8% in July, aided by a one-off low-base effects factor, but still below expectations, per government data.
South Korea's consumer inflation quickened in August on a one-off factor of low-base effects, government data showed on Wednesday, still coming in lower than expectations.The consumer price index (CPI) rose 3.1% in August from a year earlier, after rising 2.8% in July, according to the Ministry of…