The South Korean PPI has risen at its slowest y/y rate since January 2021

South Korea April Producer Price Index (a 'wholesale' inflation indicator) -0.1% m/m (prior +0.1% prior)

  • +1.6% y/y (prior +3.3%)

-

Encouraging news on slower inflation.

Anyway, I'll let y'all get back to marvelling at NVDA earnings and despairing at debt ceiling shenanigans.

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