South Korea Inflation Holds Above Target at 2.8% in October
Headline inflation eased from the previous month but remained above the Bank of Korea’s 2% target. The bank will weigh the data ahead of a policy decision later this month.
By Kwanwoo JunSouth Korea's headline inflation remained above the central bank's 2% target in October, although it eased from the previous month, potentially reinforcing the case for further monetary policy tightening.The Bank of Korea will weigh the data closely ahead of a decision later this mont…