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South Korea's CPI drops to 0.8%

South Korea

South Korea's consumer price inflation dropped from 1.0% to 0.8% and did not meet the analysts' predictions that the CPI would fall to 0.9%.

South Korea's CPI and trade balance decline

The nation's trade balance declined from 8.80B to 7.10B and failed to meet the economists' estimations for appreciation to 9.45B.

Australia

Australia's gross domestic product appreciated from 0.6% to 1.1%. The analysts estimated the GDP to climb 0.8%.

China

China's manufacturing PMI stabilized at 50.1 and did not meet the analysts' predictions for a fall to 50.0.

New Zealand

New Zealand's terms of trade index climbed from -2.0% to 4.4%. The economists estimated the rate to drop -0.2%.

Japan

The Japanese capital spending fell from 8.5% to 4.2%. Th economists estimated the indicator to drop to 1.9%.

Indonesia

The Indonesian consumer price inflation dropped from 3.60% to 3.33% and slightly missed the analysts' forecasts for a fall to 3.9%.

Peru

Peru's consumer price inflation rose from 0.01% to 0.21%. The economists and the analysts estimated the CPI to appreciate 0.19%.

Sweden

The Swedish manufacturing PMI stabilized at 54.0 and differed slightly from the estimates for a drop to 53.8.

Thailand

Thailand's consumer price inflation appreciated from 0.07% to 0.46% and was upper than the economists' predictions for a rise to 0.19%.

Switzerland

The Swiss retail sales fell from -1.6% to -1.9% and did not meet the forecasts for a rise to -0.8%.

Spain

The Spanish manufacturing PMI dropped from 53.5 to 51.8 and differed from the predictions for a fall to 52.6.

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Wednesday, 01 Jun, 2016 / 8:09

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/south-korea-s-cpi-drops-to-0.8

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