South Korea Producer Prices Rise 0.3% In February

South Korea Producer Prices Rise 0.3% In February

Producer prices in South Korea were up a seasonally adjusted 0.3 percent on month in February, the Bank of Korea said on Friday - slowing from 0.5 percent in January.

Individually, prices for agricultural, forestry and marine products rose 0.8 percent on month, while manufacturing products were up 0.5 percent, utilities slumped 0.9 percent and services were up 0.2 percent.

On a yearly basis, producer prices climbed 1.5 percent - up from 1.3 percent in the previous month.

Individually, prices for agricultural, forestry and marine products rose 10.9 percent on year, while manufacturing products were up 0.3 percent, utilities rose 0.9 percent and services added 2.1 percent.

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