South Korea's headline CPI in August has risen at its slowest y/y pace since March 2021

August consumer price index +2.0% y/y (expected +2.0%)

• Consumer price index +0.4% m/m (expected +0.3%)
• Core CPI +2.1% y/y vs +2.2% in July
• Consumer price index marks slowest rise y/y since March 2021
• Core CPI marks slowest rise y/y since November 2021

Info comes via Reuters, the slowing pace of inflation continues globally.