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South Korea's inflation slows to 1.7%, driven by a major telecom discount post-data breach.
South Korea's consumer prices grew by 1.7% year-on-year in August, the slowest pace in nine months.
This slowdown is largely due to a significant drop in telecommunication fees, following a 50% discount by SK Telecom for over 24 million users after a data breach.
The core consumer price index, excluding food and energy, increased by 1.3%, its lowest rise since August 2021.
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La inflación de Corea del Sur se desacelera al 1.7%, impulsada por un importante descuento en telecomunicaciones después de la violación de datos.