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International News Archive - June 09, 2009

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Producer prices in South Korea declined in May largely due to the strength of the won, the Bank of Korea said Tuesday. Producer prices, which often predict the direction consumer prices will take, fell 1.3 percent in the month compared to May 2008, Yonhap news reported.

Word of the Day
sipe
  • a slit in a tire to drain away surface water and improve traction.
The word 'sipe' comes from Old English and is related to 'seep'.
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