South Korean CPI lifts, adding to signs that global deflationary pressures are easing

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South Korean consumer prices rose by 0.1% in April, in line with market expectations.

The increase – keeping in line with recent signs that global disinflationary pressures are moderating – saw the annual rate hold steady at a multi-year low of 0.4%.

Japanese CPI data for March will also be released later in the session.

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