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S. Korea's producer prices up 0.3% m/m in April

2019-05-21 0 Dailymotion

South Korea's producer prices rose for the third consecutive month in April,... mainly due to an increase in industrial goods prices.<br />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.<br />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.<br />Agricultural goods prices jumped over one percent on-month on increased demand for livestock products. <br /><br />

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