Medium | 0.5% | 0.9% |
1.6%
|
|
Last release | Importance | Actual | Forecast |
Previous
|
0.3% |
0.5%
|
|||
Next release | Actual | Forecast |
Previous
|
Producer Price Index (PPI) m/m reflects the percentage change in selling prices for goods produced by South Korean industrial companies in the reported month compared to the previous one. The index is seen as a leading indicator of consumer price inflation. A higher than expected reading can be an indication of the South Korean won strengthening.
actual data
forecast
The chart of the entire available history of the "South Korea Producer Price Index (PPI) m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.