South Korea core CPI growing its fastest in 4 years, still only 1.5% y/y though

Headline CPI in South Korea is 2.5% y/y and 0.5% m/m

September 'core' CPI is 1.5% y/y (up from 1.3% in August)

• highest since October 2017

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The Bank of Korea (BOK - Korea's central bank) raised its 2021 inflation outlook to 2.1% (from its earlier 1.8%). The BOK aims to keep inflation at 2% over the medium term.