Tag: producer price index

producer price index

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Producer prices rise 0.2% as heat wave lifts farm costs

Korea's producer price index rose 0.2% in August as a prolonged heat wave drove up agricultural, livestock and fisheries prices, Bank of Korea data showed.

2026.9.18

Producer prices fall for 1st time in 11 months in July on declining oil prices

Korea’s producer prices fell 0.4 percent in July, the first monthly decline in 11 months, as cheaper oil outweighed heat-driven food price gains.

2026.8.21

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Fuel price board and gas pump at a Seoul station next to a black SUV.

Producer prices remain unchanged in June amid eased Middle East tensions

Lower oil prices offset gains in electronics and services, leaving producer prices flat in June while keeping pressure on future consumer inflation.

2026.7.22

Bank of Korea's museum in central Seoul is seen in a photo taken in 2020. [YONHAP]

Producer prices rise at fastest pace in 28 years in April on oil cost surge

Korea's producer prices increased at the fastest pace in more than 28 years in April, mainly due to higher petroleum and raw materials prices stemming from the ongoing war in Iran, central bank data showed Thursday.

2026.5.21

Vinyl products are stacked at a store in Jung District, central Seoul, on April 22. [NEWS1]

Naphtha prices surge 68% in March, driving sharpest producer price hike in 4 years

Naphtha prices surged 68 percent in March, driving Korea’s producer prices to their sharpest monthly increase in nearly four years, the Bank of Korea said Wednesday.

2026.4.22

Shoppers browse for groceries at a supermarket in Seoul on Jan. 20. [YONHAP]

Producer prices rise 0.4% on month in December 2025 due to increased semiconductor, food product prices

Producer prices in Korea rose for the fourth consecutive month in December 2025, as costs for semiconductors and food products continued to climb.

2026.1.20

Producer prices fall for 1st time in 3 months in August: BOK

Korea's producer prices fell from a month earlier in August, marking the first drop in three months, due mainly to a sharp decline in mobile phone charges on discounts offered by a major carrier following a data breach incident.

2025.9.23

Napa cabbage is stocked at a supermarket in Seoul on July 22. [YONHAP]

Producer prices rise for first time in three months on agriculture, livestock spike

Korea’s producer prices rose in June for the first time in three months, driven by a jump in agricultural and livestock product prices, according to data released by the Bank of Korea (BOK).

2025.7.22

Strawberries, which have become 154.1 percent pricier than they were just last month, are on display at a supermarket in Seoul on Tuesday. Korea's producer price index (PPI), a major indicator of consumer inflation, rose 0.1 percent on month in December, coming to 121.19, according to data from the Bank of Korea on Tuesday. [YONHAP]

Bougie berries

Strawberries have become 154.1 percent pricier than they were just last month. Korea's producer price index (PPI), a major indicator of consumer inflation, rose 0.1 percent on month in December, according to data from the Bank of Korea on Tuesday.

2024.1.23

Pictured are apples and Asian pears displayed at a traditional market in Seoul. Apple wholesale prices on average skyrocketed by 95.9 percent compared to last year, almost double last year's prices, while Asian pear average wholesale prices jumped by 66.2 percent. [YONHAP]

Inflation fears rumble as producer prices inch up

Producer prices moved up 0.1 percent on-month in December due to the higher cost of agricultural products and gas, possibly indicating a coming price inflation for consumers.