Consumer inflation in south korea rose less than expected, remaining below the central bank's target level for the third consecutive month, indicating price stability. The south korean statistics department announced data on Tuesday, showing that the consumer price index (CPI) rose 1.5% year-on-year in November, an increase higher than the 1.3% in October. Economists surveyed by Bloomberg had previously predicted that inflation growth would rise to 1.7%. The south korean central bank lowered interest rates twice in the past two months, quickly adjusting its policy focus to maintain economic growth momentum. With the third quarter's gross domestic product (GDP) growth rate falling short of expectations, policymakers are concerned that economic growth may be slowing. After Trump took office, tariffs may rise, prompting policymakers to consider how to support south korea's trade-dependent economy.