South Korea's consumer prices declined for the first time on record in September and exports continued to fall, adding pressure on the central bank to ease monetary policy.
Consumer prices fell 0.4 percent year-on-year in September after staying flat in August, data from Statistics Korea showed Tuesday. Prices were expected to drop 0.3 percent.
Excluding food and energy, inflation eased to 0.5 percent from 0.8 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.