South Korea's consumer prices increase 1.2%

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Source: Bloomberg
South Korea's consumer prices rose 1.2% from the previous year following a 1.5% increase in July, Statistics Korea reported today. Analysts expected a 1.4% gain. The central bank kept the interest rates unchanged last month following an unexpected cut in July. Weak inflation provides more room for another benchmark rate reduction.   
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Mon, 03 Sep 2012 12:52:25 GMT

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