South Korea's producer prices fell for the third straight month, but services and utilities saw increases.

South Korea's producer prices fell 0.1% in October, marking the third consecutive month of decline, primarily due to lower agricultural product prices. Despite this, prices for industrial products and services increased by 0.2%, and utilities grew by 0.8%. Yearly, producer prices rose by 1.0%, with services and utilities seeing significant increases, while manufacturing products declined slightly.

November 19, 2024
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