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South Korea CPI +2.6% In March

South Korea's consumer prices were up 2.6 percent on year in March, Statistics Korea said on Monday, touching a 20-month low.

Falling for the third straight month, CPI eased from 3.1 percent in February and now rests on the lower end of the central bank's target range of 2 to 4 percent.

On month, inflation eased 0.1 percent.

Core inflation, which strips out the volatile costs of food, was up 1.9 percent on year after rising 2.5 percent in the previous month. On month, core CPI fell 0.4 percent after adding 0.1 percent in February.

by RTT Staff Writer

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