Headline inflation ticked up in March, but underlying measures slowed. Prices are still rising by over the BOK's 2% target, but the trend slowdown will allow the central bank to give more attention to the weak economy.
Taiwan's mfg PMI improved in March, but remained below 50. That means mfg in a mfg-led economy has now been contracting for almost two years, and yet unemployment is at 20-year lows, and core inflation at 20-year highs.