The Bank of Baroda observed a broad slow down in price hike and moderation in vegetable prices inflation in its research

South Korea's consumer inflation softened in February for the first time in four months, government data showed on Thursday, providing at least some relief to policymakers looking to further ease monetary policy.

The benchmark consumer-price index rose 2.0% from a year earlier, following a 2.2% increase in January, the country’s statistics office said.

South Koreas consumer inflation eased for the first time in four months, offering some relief to policymakers eyeing further monetary easing. According to Statistics Korea, the consumer price index (CPI) rose 2.

Korea’s headline inflation moderated in February, yet still remained in the 2 percent range for the second consecutive month on the back of the increased domestic fuel prices.