South Korea wholesale level inflation surging again, biggest jump since April 2022

South Korea PPI data for August has risen at its fastest m/m since April of 2022.

  • +0.9% m/m (prior +0.3%
  • +1.0% y/y (prior -0.3%)

There is probably plenty more of this to come around the globe and for the months ahead as oil and other commodity prices rise.

wti oil 20 September 2023

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