• South Korean consumer inflation ticked up in January to a three-month high but, driven mostly by temporary effects, left investors still confident that the central bank had ended its cycle of interest rate rises.
  • The consumer price index was 5.2% higher in January than in the same month a year before, rising faster than the 5.0% rate seen in December, Statistics Korea data showed on Thursday. Economists had expected the pace of growth to stay steady at 5.0%.