Plus   Neg

South Korea Producer Prices Fall In October

South Korea's producer prices decreased further in October, data published by Bank of Korea revealed on Wednesday.

Producer prices declined 0.6 percent year-on-year in October, following a 0.8 percent fall in September.

The latest annual decline was driven by a 3.0 percent drop in agricultural food prices and a 2.2 percent fall in manufacturing products prices.

Meanwhile, electric power, gas, water and waste prices rose 2.6 percent and services cost gained 1.2 percent.

On a monthly basis, producer prices fell 0.2 percent in October, reversing a 0.1 percent rise in the prior 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.

Follow RTT