π 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
The day in view
π 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.