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South Korea Inflation Jumps 5.7% On Year In October
(RTTNews) - Overall consumer prices in South Korea were up 5.7 percent on year in October, Statistics Korea said on Wednesday.
That exceeded expectations for an increase of 5.6 percent, which would have been unchanged from the September reading.
On a monthly basis, inflation added 0.3 percent - unchanged from the September reading but above forecasts for a 0.2 percent gain.
Core CPI, which excludes the volatile costs for food prices, was up 4.2 percent on year - up from 4.1 percent in the previous month.
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Consumer confidence in South Korea dipped in September, the latest survey from the Bank of Korea said on Wednesday with a consumer sentiment index score of 110.1.
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Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in August, the Bank of Korea said on Tuesday - after rising 0.4 percent in July.
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South Korea Export Prices Rise 0.7% In August
Export prices in South Korea were up a seasonally adjusted 0.7 percent on month in August, the Bank of Korea said on Tuesday - after adding 0.8 percent in July.
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South Korea Manufacturing PMI Ticks Higher In August - S&P Global
The manufacturing sector in South Korea continued to contract in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 48.3.
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South Korea Has $6.51 Billion Trade Surplus
South Korea posted a merchandise trade surplus of $6.51 billion in August, Statistics Korea said in Monday's preliminary reading.
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South Korea July Industrial Production Rises 0.3%
Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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South Korea Industrial Output Adds 0.3% In July
Industrial production in South Korea was up a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook
The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
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