South Korea's consumer inflation cooled more than forecast in September and below the central bank's target for the first time since early 2021, amid growing expectations of an imminent policy easing.

By bno - Taipei Office South Korea's inflation has reached its lowest point in three and a half years, with consumer prices rising just 1.6% y/y in September, marking the first time since early 2021 that inflation has dipped below 2%.