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South Korea’s exports surge 30% in January, narrowing its trade surplus amid strong chip demand and extra holidays.
South Korea’s January exports are forecast to surge 30% year-on-year, driven by strong chip demand and extra Lunar New Year working days, leading to a narrower $6.3 billion trade surplus.
Inflation is expected to ease slightly to 2.1% in South Korea, still above target.
Indonesia’s fourth-quarter GDP may hold near 5.1%, supported by fiscal stimulus, while inflation likely rose due to base effects.
The Philippines, Thailand, and Taiwan are set to report easing inflation, with Thailand possibly seeing deflation.
Hong Kong’s retail sales may grow 7.0% in December, and Singapore’s manufacturing PMI could signal continued expansion.
Weak inflation across the region suggests central banks may pause rate cuts.
Las exportaciones de Corea del Sur aumentaron un 30% en enero, reduciendo su superávit comercial en medio de una fuerte demanda de chips y días festivos adicionales.