Producer prices remain unchanged on-month in July
- 5 years ago
South Korea's producer prices remained flat on-month in July.
The Bank of Korea says the production price index - a key barometer of future consumer inflation - stood at 103-point-five.
The central bank said electricity and gas prices went up slightly but industrial goods prices dropped on falling electronics goods prices.
Agricultural goods prices fell on an increase in supply.
On-year, July producer prices fell by point-three percent.
The Bank of Korea says the production price index - a key barometer of future consumer inflation - stood at 103-point-five.
The central bank said electricity and gas prices went up slightly but industrial goods prices dropped on falling electronics goods prices.
Agricultural goods prices fell on an increase in supply.
On-year, July producer prices fell by point-three percent.