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South Korea Inflation Rises 2.3% On Year In July
(RTTNews) - Consumer prices in South Korea were up 2.3 percent on year in July, Statistics Korea said on Wednesday, touching a two-year low.
The July reading was shy of expectations for 2.4 percent and down from 2.7 percent in June.
On a monthly basis, consumer prices rose 0.1 percent - also below forecasts for a gain of 0.2 percent following the flat reading a month earlier.
Core CPI, which excludes the volatile price of food, slowed to an annual 3.3 percent in July from 3.5 percent in June.
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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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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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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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South Korea Producer Prices Rise 0.4% In July
Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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South Korea Export Prices Climb 1.0% In July
Export prices in South Korea were up 1.0 percent on month in July, the Bank of Korea said on Thursday - after shrinking 1.2 percent in June.
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South Korea Has $14.27 Billion Current Account Surplus
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.
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