South Korea's producer prices rose for the 5th consecutive month in April due to higher crude oil prices (PPI up 0.3%).
South Korea's producer prices rose for the 5th consecutive month in April due to higher crude oil prices, with the producer price index (PPI) increasing 0.3% over the previous month. Industrial product prices, including oil products, climbed by 0.7%, while prices for coal and industrial goods advanced by 1.7%. This marks the first monthly decline in agricultural, livestock, and fishery product prices, which fell by 3.0%.
May 21, 2024
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