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Producer prices in South Korea increased 0.4% month-on-month in November, rebounding from the 0.8% decrease in the previous month, the Bank of Korea reported on Wednesday.
Producer prices of industrial products were up 0.4% on month in November compared to the 0.8% decline in the preceding month. Producer prices were up 4.3% in the agriculture, forestry & marine sector, while prices of electricity, water & gas and services dropped 0.1% and 0.5%, respectively.
On a yearly basis, producer prices fell 0.4% in November, considerably slower than the 3.1% slump in the previous month.
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