South Korea’s Inflation Eases to 19-Month Low

The consumer-price index, gained 3.3% from a year earlier in May—the weakest pace since October 2021—after rising 3.7% in the preceding month

South Korea’s headline inflation eased for a fourth consecutive month in May to hit a 19-month low, justifying the central bank’s pause in policy tightening aimed at curbing price growth.

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