Global Economic News

South Korea PPI Adds 0.1% In February

Producer prices in South Korea were up 0.1 percent on month in February, the Bank of Korea said on Thursday.

That follows the 1.2 percent contraction in January.

Among the individual components, prices for agricultural, forestry and marine products climbed 4.3 percent, while manufacturing industry products eased 0.1 percent, utilities were flat and services added 0.1 percent.

On a yearly basis, producer prices tumbled 3.6 percent - unchanged from the rate of decline in the previous month.

by RTTNews Staff Writer

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