South Korean inflation information, on the manufacturer point, so no longer CPI for February 2024
+0.3% m/m
+1.5% y/y
Encouraging indicators from the m/m, slowing inflation at this point of the chain.
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PPI information isn’t consumer-level inflation, however producer-level :
- The Manufacturer Worth Index (PPI) measures a transformation in enter costs of uncooked, semi-finished or completed items and services and products. If enter prices stand, some will likely be absorbed by way of the manufacturer and a few handed directly to the shopper. Conversely, if enter prices fall, one of the most lessen will likely be loved as wider benefit margins by way of the manufacturer and a few will likely be handed directly to the shopper within the mode of decrease costs. As a result of PPI affects user costs, it’s watched by way of central bankers as a part of pleasurable their mandate of value steadiness.
