Forex
globalreutersJuly 22, 20241 Mins read
South Korean June PPI +2.5% y/y, seventh straight month of higher
globalreutersJuly 22, 20241 Mins read South Korean Producer Price Index for June 2024:
-0.1% m/m
- prior +0.1%
+2.5% y/y
- prior +2.3%
The Bank of Korea is eyeing rising inflation but there are signs it’ll begin to fall from August.
SK’s finance minister is thinking the same – says inflation may temporarily rebound higher in Julyu, it should stabilise from Augsyt.
This article was written by Eamonn Sheridan at www.forexlive.com.
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