Asia markets rise ahead of central bank decisions in South Korea and Indonesia

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Asia markets rise ahead of central bank decisions in South Korea and Indonesia
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Both central banks are expected to hold their benchmark policy rates.

— CNBC's Pia Singh and Alex Harring contributed to this reportgrew 0.2% year on year in July, marking the 13th straight month of slowing growth.

This was lower than the revised figure of 0.3% in June and also the lowest rate of growth since December 2020. The PPI tracks variations in the prices of goods shipped by industrial producers within the South Korean domestic market, and is a measure of inflation from the perspective of producers.CNBC Pro: ‘Dividend aristocrat’: Investors are getting more bullish on this sector, naming stocks to buy

Stocks in the sector are an option for investors seeking inflation protection, says one strategist, who names one with"plenty of room to grow."Fund managers and other investors name stocks to buy.

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