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Inflation news- South Korea PPI for November rises at its slowest y/y since April 2021
South Korean PPI for November 2022
- +0.2% m/m (October was +0.5%)
- +6.3% y/y (October +7.3%)
This is the slowest y/y since April 2021. Encouragement also from that 0.2% m/m rise.
Trader eyes are on inflation developments right across the globe. Perhaps the Bank of Japan (sorta) tightening has top ticked it?
This article was written by Eamonn Sheridan at www.forexlive.com... Read More Posted: Dec 21 2022, 21:04
Author Name: forexlive
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