South Korean consumer inflation in September eased by a full percentage point to a four-month low, matching analysts' expectations and supporting the market's view for no change in interest rates for the time being.
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Spot gold eased after nearing last week's record high in early trading on Monday as investors sold back some safe-harbor positions ahead of a volatile start to share markets.
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South Korean inflation eased in May for a second consecutive month, coming in just below market expectations on lower fresh food prices, data showed on Wednesday, reinforcing the view that the central bank may keep interest rates on hold next week.
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