South Korea March headline CPI +3.1% y/y (expected 3.1%, prior 3.1%)
- for the m/m +0.1% (expected +0.3%, prior +0.5%)
March Core CPI +2.4% y/y (expected +2.4%, prior +2.5%)
- slowest since December 2021
South Korean March core CPI has risen at its slowest since December 2021
- Good news on the global inflation front from South Korea