S. Korea's producer price index up 0.2% m/m in August
- 5 years ago
South Korea's producer prices increased moderately on-month in August.
The Bank of Korea says the production price index - a key barometer of future consumer inflation - recorded 103-point-seven-three in August, up point-two percent from a month earlier.
The central bank said agricultural goods prices rose on a decrease in supply.
Prices of industrial goods, electricity and gas edged up a touch.
On-year, producer prices in August fell by point-six percent.
The Bank of Korea says the production price index - a key barometer of future consumer inflation - recorded 103-point-seven-three in August, up point-two percent from a month earlier.
The central bank said agricultural goods prices rose on a decrease in supply.
Prices of industrial goods, electricity and gas edged up a touch.
On-year, producer prices in August fell by point-six percent.