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SOUTH KOREA:  Producer Prices Up for October. 

SOUTH KOREA
  • South Korea’s Producer prices rose +1.0% for October, in line with September.
  • The month-on-month figure declined -0.2%.
  • Agriculture, forestry and marine products declined -8.7% MoM whilst Manufacturing expanded +0.2% and the Services sector expanded +0.2%.
  • The Bank of Korea meets next week on the 28th for their final monetary policy meeting of the year and market expectations are mixed as to their decision. 
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  • South Korea’s Producer prices rose +1.0% for October, in line with September.
  • The month-on-month figure declined -0.2%.
  • Agriculture, forestry and marine products declined -8.7% MoM whilst Manufacturing expanded +0.2% and the Services sector expanded +0.2%.
  • The Bank of Korea meets next week on the 28th for their final monetary policy meeting of the year and market expectations are mixed as to their decision.