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Financial News: South Korea Producer Prices Jump 0.8% In October

South Korea Producer Prices Jump 0.8% In October - BoK

11/18/2021 - 18:46:00 (RTTNews)

(RTTNews) - Producer prices in South Korea were up 0.8 percent on month in October, the Bank of Korea said on Friday - accelerating from 0.4 percent in September.

Individually, process for agricultural, forestry and marine products tumbled 4.7 percent on month, while manufacturing products rose 1.8 percent, utilities gained 2.3 percent and services were flat.

On a yearly basis, producer prices spiked 8.9 percent, up from 7.6 percent in the previous month.

Individually, process for agricultural, forestry and marine products gained 2.6 percent on year, while manufacturing products rose 15.4 percent, utilities gained 6.2 percent and services were up 2.4 percent.

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