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🌏 India's inflation gap is widening, Korea's exports just hit a record, and South Africa's gold output is falling despite record bullion prices

🌏 India's inflation gap is widening, Korea's exports just hit a record, and South Africa's gold output is falling despite record bullion prices

India's wholesale inflation hit 9.87% year-over-year, widening the gap with consumer prices ahead of the RBI's August rate decision. Korea logged a record $36.15bn trade surplus on chip exports, and South African gold output fell for a second straight month despite record bullion prices.

Bar chart of WPI Index with line for YoY inflation rate from Jun-25 to Jun-26, peaking at 9.87%.
India's WPI inflation accelerated to 9.87% in June, the highest since October 2022 as food and energy prices drove the increase. Source

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