South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary figures from the Bank of Korea showed Friday.
The producer price index, or PPI, rose 6.0 percent year-on-year following a 6.2 percent increase in the previous month. The rate was the lowest since April 2021, when it was at the same level.
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.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.