Producer prices in South Korea were down 0.4 percent on month in May, the Bank of Korea said on Tuesday - accelerating from the 0.3 percent decline in April.
By individual categories, agricultural, forestry and marine products were down 2.8 percent, while manufacturing industry products lost 0.5 percent and services added 0.1 percent.
On a yearly basis, producer prices fell 2.6 percent after losing 2.8 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.