South Korea April inflation eases to 14-month low, matches expectations

SEOULĀ  -South Korea’s consumer inflation eased for a third consecutive month to a 14-month low in April on an annual basis, data showed on Tuesday, supporting the market’s perception that the central bank’s policy tightening cycle is over. The consumer price index (CPI) stood 3.7 percent higher in April than a year earlier, the Statistics … Continue reading South Korea April inflation eases to 14-month low, matches expectations