Korea (Republic of) Unemployment Rate (Apr) 2.8% (Prev. 2.7%)
Newsquawk Staff ·
Korea (Republic of) Unemployment Rate (Apr) 2.8% (Prev. 2.7%)
What it means
South Korea's unemployment rate ticked up to 2.8% in April from 2.7% in March, indicating a slight deterioration in the labor market. While a marginal rise might not substantially shift the economic outlook, it could raise concerns over domestic consumption and growth, potentially influencing policy discussions.
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- South Korean October 1st-10th Exports rose by 102% YY, Imports rose 65.5% YY, while Trade Balance was at a provisional surplus of USD 3.8bln
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- Swedish Core CPIF (Sep MM) 0.1% (exp. 0.3%), Y/Y 0.5% (exp. 0.7%)
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