South Korean PPI for November 2022
- +0.2% m/m (October was +0.5%)
- +6.3% y/y (October +7.3%)
This is the slowest y/y since April 2021. Encouragement also from that 0.2% m/m rise.
Trader eyes are on inflation developments right across the globe. Perhaps the Bank of Japan (sorta) tightening has top ticked it?
