South Korea PPI Slips 0.4% In June

Producer prices in South Korea were down 0.4 percent on month in June, the Bank of Korea said on Wednesday following the 0.3 percent contraction in May.

Individually, prices for agricultural, forestry and marine products fell 1.2 percent on month, while manufacturing products shed 0.6 percent, and services and utilities were unchanged.

On a yearly basis, prices advanced 2.8 percent after rising 3.4 percent in the previous month.

The material has been provided by InstaForex Company – www.instaforex.com

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