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South Korea data: Import prices fall fastest since December 2020, Export since August 2020

South Korean import prices have fallen their fastest since December 2020March import prices -6.9% y/y (February was -0.7), priced in won termsExport prices fastest fall since August 2020March -6.4% y/y (prior -2.6%)-Speaking of prices, I've heard that the US CPI report was described as a 'miss'. The data:Forexlive Americas FX news wrap 12 Apr: US CPI lower but Fed officials remain cautiousGiven the inflation context I'd say the lower-than-expected number is a welcome beat! But, what ya gonna do?... Read More

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Content Topics

South

Korea

Data

Import

Prices

Fall

Fastest

Since

December

Export

August

Forex

Posted: Apr 12 2023, 21:09

Author Name: forexlive

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