Friday , 22 November 2024
Home Forex South Korean June PPI +2.5% y/y, seventh straight month of higher
Forex

South Korean June PPI +2.5% y/y, seventh straight month of higher

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...