South Korea's consumer price inflation eased further in February to the lowest level in nearly a year amid a slowdown in rental and oil prices, giving relief to the Bank of Korea to go ahead with its wait-and-watch policy stance, figures from Statistics Korea showed on Monday.
The consumer price index rose 4.8 percent year-over-year in February, slower than the 5.2 percent rise in the previous month. Economists had expected inflation to moderate to 5.05 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.