The South Korean economy released today the consumer price index for July where the actual reading showed a rise of 0.7% from the previous rise of 0.2%, while the expectations refer to 0.3%.

The annual consumer price index for July came at 4.7% compare to the prior reading of 4.4% the same as the expected reading. On the hand, the core CPI came at 3.8% from the previous reading of 3.7%.