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Financial News: South Korea Producer Prices Ease 0.1% In April

South Korea Producer Prices Ease 0.1% In April

05/21/2017 - 19:20:00 (RTTNews)

(RTTNews) - Producer prices in South Korea were down 0.1 percent on month in April, the Bank of Korea said on Monday - in line with estimates and unchanged from the march reading.

Individually, prices for agricultural, forestry and marine products were down 0.8 percent on month, while manufacturing products dipped 0.2 percent, utilities were flat and services added 0.1 percent.

On a yearly basis, producer prices were up 4.0 percent - slowing from 4.2 percent in the previous month.

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