LOGO
LOGO

Global Economic News

South Korea PPI Flat On Month In May

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Producer prices in South Korea were unchanged on month in May, the Bank of Korea said on Monday.

That was beneath forecasts for an increase of 0.3 percent and down from 0.2 percent in April.

Among the individual components, prices for agricultural, forestry & marine products fell 4.2 percent on month, while manufacturing products added 0.5 percent, electric power, gas & water supply slid 1.9 percent and services gained 0.1 percent.

On a yearly basis, producer prices skidded 3.1 percent versus expectations for a decline of 2.8 percent and unchanged from the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.