The South Korean inflation pace moderated to its slowest pace
The South Korean economy announced that the inflation pace moderated to its slowest pace in a year in January that is within the central bank's targeted range of 2% to 4%, giving policy makers a chance to keep the borrowing rate unchanged next week.
The South Korean economy grew at the slowest pace in more than three years in the first quarter as exports lost steam and construction investment dipped, the central bank said Friday.