Global Economic News

South Korea PPI Eases 0.1% In March

Producer prices in South Korea were down 0.1 percent on month in March, the Bank of Korea said on Wednesday - following the flat reading in February.

Among the individual components, prices for agricultural, forestry & marine products eased 0.2 percent on month, while manufacturing industry products added 0.3 percent, utilities tumbled 3.3 percent and services were roughly flat.

On a yearly basis, producer prices skidded 3.3 percent after shedding 3.4 percent in the previous month.

by RTTNews Staff Writer

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