04-November-2026
Economy News
 
South Korea October Headline Inflation Moderates Ahead of Expected Rate Hike
03-Nov-2026

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 forecast in a Reuters poll of economists.

News Source:- https://money.usnews.com/investing/news/articles/2026-11-02/south-korea-october-headline-inflation-moderates-ahead-of-expected-rate-hike