South Korea inflation data November: Core CPI y/y up at its fastest since December 2008

South Korea inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term data for November 2022.

November CPI +5.0% y/y

• expected 5.2%, prior 5.7%
• this +5% for the headline is the lowest in 7 months, that'll be welcome

and -0.1% m/m (this decline will also be welcome)

• expected +0.1%, prior 0.3%

Core CPI +4.3% y/y is still stronger though

• expected 4.5%, prior +4.2%