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The South Korean March PPI has risen at its slowest rate y/y since February of 2021

Further evidence of the slowing pace of inflation, this time from PPI (in a nutshell this is wholesale elve inflation) from South Korea in March. While slowing is welcome its still a long way down to the 2% CPI targets most central banks have. 'Anyway, the numbers from the Bank of Korea, South Korea's central bank: March PPI +3.3% y/y (prior 4.8%)March PPI +0.1% m/m (prior 0.2%) This article was written by Eamonn Sheridan at www.forexlive.com... Read More

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South

Korean

March

Risen

Slowest

Rate

Since

February

2021

Forex

Posted: Apr 20 2023, 21:20

Author Name: forexlive

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