South Korean Producer Price Index for June 2024:

-0.1% m/m

  • prior +0.1%

+2.5% y/y

  • prior +2.3%

The Bank of Korea is eyeing rising inflation but there are signs it'll begin to fall from August.

SK's finance minister is thinking the same - says inflation may temporarily rebound higher in Julyu, it should stabilise from Augsyt.