South Korea Inflation Cools But Remains Sticky Above Target
South Korea's headline inflation moderated in the latest month but stayed above the central bank's 2% target, highlighting persistent price pressures exacerbated by the energy shock and the AI boom.
South Korea's headline inflation eased last month but stayed above the central bank's 2% target, highlighting the difficulty of cooling price pressures fueled by the energy shock and the artificial-intelligence boom. The reading gives Bank of Korea policymakers another data point to consider.