Archive

May 02, 2024
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Switzerland CPI Inflation 1.4% y-o-y (consensus 1.1%) in Apr-24

- Switzerland's CPI inflation rate for April 2024 increased to 1.4% year-on-year, surpassing market expectations of 1.1%.
- The month-on-month change in CPI for April 2024 increased to 0.3%, which is a brisk annualised pace.

May 02, 2024
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Korea CPI 2.9% y-o-y (consensus 3.0%) in Apr-24

- Korea's Consumer Price Index (CPI) slowed to 2.9% year-on-year in April 2024, slightly below market expectations of 3.0%, indicating a renewed deceleration in inflationary pressures.
- This CPI growth is the lowest since January 2024, or July 2023 before that, and falls 0.25 percentage points below the one-year average.

May 02, 2024
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Indonesia CPI Inflation 3.0% y-o-y (consensus 3.1%) in Apr-24

- Indonesia's CPI inflation rate in April 2024 rounded down to 3.0% y-o-y, marginally below market expectations of 3.06%.
- The slight downside news was in non-core components as the core rate crept up by 5bps to 1.77% (consensus 1.76%).

May 01, 2024
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New Zealand Unemployment Rate 4.3% (consensus 4.2%) in Q1-24

- New Zealand's unemployment rate increased surprisingly far in Q1-24 to 4.3%, surpassing the one-year average by 0.35 percentage points and the long-run average by 0.70 percentage points.
- Employment contracted by 0.2% quarter-on-quarter, but labour costs rose by 0.8% q-o-q and 3.8% y-o-y.

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