Producer prices in South Korea were up 0.1 percent on month in February, the Bank of Korea said on Wednesday – following the 0.2 percent decline in January.
Individually, prices for agricultural, forestry and marine products fell 3.6 percent on month, while manufacturing products added 0.3 percent, electric power, gas and water supply gained 0.1 percent and services rose 0.2 percent.
On a yearly basis, producer prices fell 0.2 percent after rising 0.2 percent in the previous month.
The Domestic Supply Price Index remained unchanged from the previous month; in year-on-year terms it increased by 0.2 percent.
The material has been provided by InstaForex Company – www.instaforex.com