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K REITs Weekly_ Say ‘Cheers’ to the Good News: US CPI and Record-breaking Weekly Growth of 5.85%

2022. 11. 15 · Simok Kim
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

The domestic listed REITs market surged last week after news of a slowdown to US inflation. The weekly returns reached an all-time high of 5.85%. The U.S. Consumer Price Index (CPI) for October was released on November 10, local time. The CPI has increased by 7.7% compared to the same period last year. Not only did it fall short of the market consensus (7.9%), but it also recorded the first 7% level since February (7.9%). A month ago, in September, it was around 8.2%. Stock markets, including the Nasdaq, skyrocketed at the news, and the KOSPI was no exception. The KOSPI recorded an increase of 5.74% over the week, including […]

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