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South Korea January CPI comes in way hotter, +0.8% m/m (expected +0.5%, prior +0.2%)

South Korea January CPI comes in way hotter, +0.8% m/m (expected +0.5%, prior +0.2%)

January inflation data from South Korea.

Headline hit a 3 month high:

  • +0.8% m/m vs. +0.5% expected and +0.2% in December
  • +5.2% y/y vs. +5.0% expected and +5.0% in December

Core:

  • +4.1% y/y vs. +4.1% in December

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Australian CPI surged in December, the monthly was > 8%

Posted: Feb 1 2023, 23:21
Author Name: forexlive
Views: 111747

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