South Korea's headline inflation cooled in October as the central bank prepares to raise interest rates, according to CNA.
South Korea's headline inflation moderated in October, according to CNA, as the country prepares for an expected increase in interest rates. The cooling in consumer prices comes ahead of an anticipated rate hike by the central bank, the outlet reported. Policymakers are monitoring the inflation figures closely as they move toward tighter monetary policy, CNA said.
Source: CNA.
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