South Korea Inflation Rate YoY
In South Korea, the most significant categories in the Consumer Price Index are housing, water, electricity, gas, and other fuels (17% of overall weight), and food and non-alcoholic beverages (13.6% of overall weight). Other major categories are: restaurants and hotels (12%), education (11.4%), transportation (10.9%), health (7.3%), and apparel and footwear (6.2%). Minor contributing categories to overall weight are communication (5.8%), followed by miscellaneous products and services (5.4%), recreation and culture (5.3%), furnishings, domestic equipment, and regular maintenance (3.8%), and alcoholic beverages and tobacco (1.24%).
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea Q1 GDP Climbs 1.3%
South Korea's gross domestic product was up a seasonally adjusted 1.3 percent on quarter in the first three months of 2024, the Bank of Korea said on Thursday.
RTTNews | 2 days ago
South Korea GDP Jumps 1.3% In Q1
South Korea's gross domestic product expanded a seasonally adjusted 1.3 percent on quarter in the first three months of 2024, the Bank of Korea said on Thursday.
RTTNews | 2 days ago
South Korea Export Prices Rise 0.4% On Month, 2.6% On Year In March
Export prices in South Korea were up 0.4 percent on month, the Bank of Korea said in Tuesday's preliminary report - slowing from 1.6 percent in February.
RTTNews | 11 days ago
