Data from South Korea for December shows its PPI is rising at its slowest since April 2021 | Forexlive

PPI growth is slowing in the US and Canada, as we had confirmed again earlier this week, a welcome development:

Not so in Japan, where I described its growth (for Japan) as Ferocious:

Data this morning (Asia time) from South Korea is more encouraging, slowing there also:

• December PPI has come in at -0.3% m/m (prior also -0.3%) and +6.0% y/y (prior +6.2%)