South Korea's September CPI Drops to Over Three-Year Low

Recent data shows South Korea's Consumer Price Index (CPI) fell to its lowest level in three and a half years in September, marking the first time since early 2021 that it has dropped below 2%. According to Statistics Korea, September's CPI rose by 1.6% year-on-year, the lowest increase since February 2021 when it was up by 1.4%.

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