South Korea PPI MoM
The Producer Price Index in South Korea tracks the average change in the prices of products and services sold by manufacturers and producers in the retail market over a specified time period.
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)
Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years
The Bank of Korea lowered its base rate for the first time in more than four years on Friday, in order to stimulate economy as inflation weakened to the lowest since early 2021 and household debt began to slow on tight macroprudential policies. The Monetary Policy Board headed by Rhee Chang Yong decided to cut the Base Rate by 25 basis points to 3.25 percent from 3.50 percent.
RTTNews | 1 day ago
South Korea August Current Account Surplus $6.60 Billion
South Korea had a current account surplus of $6.60 billion in August, the Bank of Korea said on Tuesday - down from $8.97 billion in July.
RTTNews | 4 days ago
South Korea Inflation Slows To 1.6% On Year In September
Overall consumer prices in South Korea were up 1.6 percent on year in September, Statistics Korea said on Wednesday.
RTTNews | 10 days ago
