South Korea's producer prices continued to decline in February, preliminary figures from the Bank of Korea showed Friday.
The producer price index slid 3.4 percent year-over-year in February, slightly faster than the 3.3 percent drop in the previous month. In December, prices had fallen 4.0 percent.
Prices for manufacturing industry products dipped 6.1 percent annually in February and that for utility products plunged by 9.5 percent. Meanwhile, prices for agricultural, forestry and marine products grew 4.8 percent.
On a monthly basis, producer prices showed no variations in February, after falling 0.5 percent in January.
Domestic supply price index slipped 3.9 percent yearly and by 0.4 percent monthly in February.
The total output price index declined 3.2 percent annually in February, while it rose 0.1 percent from a month ago.
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