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South Korea Producer Price Index (PPI) MoM
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Latest Release
Nov 19, 2024
Actual-0.1%
Previous-0.2%
The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour. In principle, the PPI should include service industries. But in practice it is limited to the domestic agricultural and industrial sector. The prices should be farm-gate prices for the agricultural sector and ex-factory prices for the industrial sector. The PPI is worth watching as a leading indicator of inflation at the consumer level. Price changes at the wholesale level take time to work their way through to the retail store.A higher than expected reading should be taken as positive/bullish for the KRW , while a lower than expected reading should be taken as negative/bearish for the KRW.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 20, 2024 (Nov) | 05:00 | -0.1% | |||
| Nov 20, 2024 (Oct) | 05:00 | -0.1% | -0.2% | ||
| Oct 22, 2024 (Sep) | 05:00 | -0.2% | -0.2% | ||
| Sep 24, 2024 (Aug) | 05:00 | -0.1% | 0.3% | ||
| Aug 21, 2024 (Jul) | 05:00 | 0.3% | -0.1% | ||
| Jul 23, 2024 (Jun) | 05:00 | -0.1% | 0.1% |
News
Asia FX muted before more US cues, yen flat as BOJ keeps dovish course
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Investing.com-- Most Asian currencies kept to a tight range on Tuesday as markets remained on edge before a string of key U.S. economic readings, while the Japanese yen hovered near seven-week lows...
Asian stocks rise, Nikkei flat as BOJ stays dovish; China rout pauses
By Investing.com - Jan 23, 2024
Investing.com-- Most Asian stocks advanced on Tuesday, taking a positive lead-in from Wall Street after gains in tech spurred record highs in U.S. indexes, while the Bank of Japan maintained its...
PPI (MoM) Discussion
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