South Korea Producer Prices Rise 0.1% In June


Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday – after slipping 0.4 percent in May.

Individually, prices for agricultural, forestry and marine products rose 0.6 percent on month, while manufacturing products were flat, utilities eased 0.1 percent and services rose 0.3 percent.

On a yearly basis, producer prices rose 0.5 percent – accelerating from 0.3 percent in the previous month.

Individually, prices for agricultural, forestry and marine products added 1.7 percent on year, while manufacturing products sank 0.9 percent, utilities jumped 4.6 percent and services rose 1.3 percent.

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