South Korea’s producer price inflation slowed in June, data from Bank of Korea showed on Friday.
Producer prices rose 0.1 percent year-on-year in June, which was slower than the 0.4 percent increase in May.
Prices for agricultural, forestry and marine products and manufacturing products dropped 0.1 percent and 1 percent, respectively.
The price index for electric power, gas, water and waste, and services gained 2 percent and 1.4 percent, respectively in June.
Month-on-month, producer prices fell 0.3 percent in June, reversing a 0.1 percent rise in the previous month.
The domestic supply price index rose 0.7 percent annually in June and decline by 0.5 percent from a month ago.
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