Pantheon Macroeconomics

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21st Dec 2022 16:22China+, Weekly Monitor

  • The moderating rate of decline in headline 20-day Korean exports in December is misleading...
  • ...The underlying pronounced downtrend is intact, after excluding lumpy items like ships.
  • Falling exports are likely to drag down growth in early 2023, limiting the BoK to only one more rate hike.

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Keywords for: 22 Dec 2022 China+ Monitor

ECB, eurozone, ez, growth, inflation, wage growth, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence