South Korea May inflation weakest in 5 months, below forecast ...Middle East

The consumer price index rose 1.9% in May from a year earlier, after rising 2.1% in April, according to Statistics Korea.

The Bank of Korea lowered interest rates last week for a fourth time in its current easing cycle to support an economic recovery clouded by U.S. tariffs, with four of its seven board members open to more cuts in the next three months.

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