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Producer prices rise for 9th consecutive month in May (opens original article in a new tab)

TL;DR

South Korea's producer prices increased for the ninth consecutive month in May, driven by higher petroleum and raw materials prices due to the Middle East crisis, with a 0.8% month-on-month rise and 8.5% year-on-year increase.

  • South Korea's producer prices rose for the ninth consecutive month in May
  • Producer prices increased 0.8% month-on-month in May, down from 2.8% in April
  • Producer prices rose 8.5% year-on-year in May

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