South Korea's consumer inflation eased for a fourth consecutive month in May to its slowest pace in 19 months, data showed on Friday, matching market expectations.
The consumer price index rose 3.3% in May year-on-year, the Statistics Korea data showed, compared with a 3.7% rise in the previous month and in line with 3.3% forecast in a Reuters survey.
On a monthly basis, the index rose 0.3% in May, after a 0.2% increase in April, extending its run of gains to a sixth consecutive month. However, the central bank said the inflation outlook was highly uncertain, citing risks from global oil prices, economic growth and public utility price increases.
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