S. Korea's producer prices up 0.3% m/m in April
By : Arirang News
Published On: 2019-05-21
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South Korea's producer prices rose for the third consecutive month in April,... mainly due to an increase in industrial goods prices.
The Bank of Korea says the production price index, a key barometer of future consumer inflation, edged up zero-point-three percent on-month in April.
The central bank attributed the rise to higher prices of industrial goods like petroleum products, which rose zero-point-three percent on higher global oil prices.
Agricultural goods prices jumped over one percent on-month on increased demand for livestock products.
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