Asia-Pacific markets mostly fell on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021.
The Nikkei 225 index retreated 14.56 points to 38,686.31.
In Hong Kong, the Hang Seng index docked 40.48 points, or 0.2%, to 17,651.49.
Korea’s consumer price index recorded a 2% rise year on year, coming down from July’s 2.6% and in line with expectations from a Reuters poll of economists.
On a month-on-month basis, the CPI rose 0.4%, slightly higher than the 0.3% expected from the Reuters poll.
In other markets
In Shanghai, the CSI 300 gained 8.42 points, or 0.3%, to 3,273.43
In Taiwan, the Taiex index dumped 142.89 points, or 0.6%, to 22,029.21.
In Singapore, the Straits Times Index moved ahead 17.26 points, or 0.5%, to 3,480.34.
In Korea, the Kospi index dropped 16.37 points, or 0.6%, to 2,664.63.
In New Zealand, the NZX 50 lost 21.01 points, or 0.2%, to 12,534.51.
In Australia, the ASX 200 fell 6.69 points, or 0.1%, to 8,103.23.
