# FxWirePro: South Korean won trades marginally lower after CPI, core CPI data | EconoTimes

> The South Korean won traded marginally lower after April core CPI rose 1.4% year on year and headline CPI rose 1.6%, in line with forecasts. Korean April manufacturing PMI fell to 48.4 from 49.1.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/65241-fxwirepro-south-korean-won-trades-marginally-lower-after-cpi-core-cpi-data
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Soft inflation and a contracting manufacturing PMI point to limited pressure on the won, with little direct effect on feed commodity demand or prices.

## Read by commodity

- USDKRW: neutral

## Sources

- econotimes.com: https://econotimes.com/FxWirePro-South-Korean-won-trades-marginally-lower-after-CPI-core-CPI-data-1286618

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.