South Korea October Inflation Slows to 2.8%
Consumer prices rose 2.8% year on year in October, down from 2.9% in September and near the 2.85% forecast, government data showed. Inflation remained above target.
South Korea's headline inflation slowed in October, government data showed on Tuesday, providing a slight reprieve for central bankers but remaining firmly above target.Consumer prices rose 2.8% year-on-year in October, down from a 2.9% gain in September and nearly matching a 2.85% increase forecas…