Asian Economic News

South Korea PPI -0.4% On Month In March

Producer prices in South Korea were down 0.4 percent on month in March, the Bank of Korea said on Wednesday. That follows the 0.7 percent gain in February.

By sub-indices, prices for agricultural, forestry and marine products were down 3.8 percent, while manufacturing industry products were down 0.6 percent and services added 0.2 percent.

On a yearly basis, producer prices fell 2.4 percent, accelerating from the 1.6 percent contraction in the previous month.

by RTTNews Staff Writer

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