South Korea CPI eases to 2.3% in December, above BOK's 2% goal for 4th month

South Korea's consumer prices rose 2.3% year-on-year in December, remaining above the Bank of Korea's 2% goal for a fourth straight month. Core inflation held at 2%, pointing to limited scope for a near-term rate cut. Analysts said high food costs, a weak won and firm housing demand continue to pose upside risks.