South Korea's consumer inflation in February 2025

CPI +2.0% y/y

  • expected +1.95%, prior +2.2%
  • for the m/m +0.3% (expected +0.2%)

Core CPI +1.8% y/y

  • prior +1.9%

The Bank of Korea cut interest rates last month. Their medium-term inflation target is 2%.

Data from SK on the trade balance for the early part of the month
Source: Forex Live