South Korea's July inflation dips to 3-month low

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South Korea's July inflation dips to 3-month low
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South Korea's consumer inflation edged down to a three-month low in July, pulling the main index further below the central bank's 2% target. The benchmark consumer-price index gained 0.6% in July from a year earlier after the prior month's 0.7% rise, said the statistical office Thursday. The latest reading--the slowest since April--missed the median market forecast of a 0.9% increase.

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