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%)
from Forexlive RSS Breaking News Feed https://ift.tt/85jYifK
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
