Home Economy South Korea Producer Prices Rise 0.2% On Month In September

South Korea Producer Prices Rise 0.2% On Month In September

by RTTNews Staff Writer

Producer prices in South Korea added 0.2 percent on month in September, the Bank of Korea said on Friday, following the 0.4 percent contraction in August.

Individually, agricultural, forestry & marine products rose 0.1 percent on month, as did manufacturing products. Utilities jumped 2.5 percent, while services slipped 0.2 percent.

On a yearly basis, producer prices rose 8.0 percent – easing from 8.2 percent in the previous month.

Individually, agricultural, forestry & marine products jumped 7.1 percent on year, while manufacturing products spiked 9.8 percent, utilities surged 25.2 percent and services rose 3.3 percent.

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