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South Korea's producer prices rose 0.4% in September, driven by higher electricity and gas costs.
South Korea's producer prices rose 0.4% in September, reversing a 0.1% drop in August, driven by steep increases in electricity and natural gas costs, including a 14.4% jump in residential electricity and a 5.8% rise in industrial gas prices. Utilities prices rose 1.1% monthly, while industrial and agricultural product prices edged up slightly. Year-over-year, PPI climbed 1.2%, up from 0.6% in August, reflecting persistent inflationary pressures in energy and services sectors.
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