South Korea’s producer prices rose 6.9% year-on-year in April 2026, accelerating from a 4.1% increase in the previous month and marking the strongest rise since October 2022. Manufacturing producer prices climbed 11.3%, led by a 73.9% surge in coal and petroleum products. Prices for computers, electronic and optical equipment increased 17.4%, while chemical products rose 15.6% and basic metal products advanced 11.8%. Service prices also increased 3.8%, driven by a 26.2% jump in financial and insurance activities. Meanwhile, prices for agricultural, forestry, and marine products rose 1%, supported by a 10.4% increase in livestock prices. In contrast, utility prices declined 1.2%. On a monthly basis, producer prices rose 2.5%, accelerating from a 1.7% increase in March. source: The Bank of Korea

Producer Prices in South Korea increased 6.90 percent in April of 2026 over the same month in the previous year. Producer Prices Change in South Korea averaged 5.76 percent from 1966 until 2026, reaching an all time high of 47.30 percent in July of 1974 and a record low of -4.70 percent in November of 2015. This page provides - South Korea Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Producer Prices in South Korea increased 6.90 percent in April of 2026 over the same month in the previous year. Producer Prices Change in South Korea is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Producer Prices Change is projected to trend around 3.00 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-21 09:00 PM
PPI YoY
Mar 4.1% 2.5% 4.0%
2026-05-20 09:00 PM
PPI YoY
Apr 6.9% 4.1% 5.0%
2026-06-18 09:00 PM
PPI YoY
May 6.9%


Related Last Previous Unit Reference
Export Prices 187.40 174.92 points Apr 2026
Export Prices YoY 40.80 29.50 percent Apr 2026
GDP Deflator 117.20 115.50 points Dec 2025
Import Prices 168.12 172.16 points Apr 2026
Import Prices YoY 20.20 20.40 percent Apr 2026
Inflation Expectations 2.80 2.90 percent May 2026
PPI MoM 2.50 1.70 percent Apr 2026
Producer Prices 128.43 125.35 points Apr 2026
PPI YoY 6.90 4.10 percent Apr 2026


South Korea Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
6.90 4.10 47.30 -4.70 1966 - 2026 percent Monthly
2020=100, NSA

News Stream
South Korea Producer Inflation Hits Highest Since 2022
South Korea’s producer prices rose 6.9% year-on-year in April 2026, accelerating from a 4.1% increase in the previous month and marking the strongest rise since October 2022. Manufacturing producer prices climbed 11.3%, led by a 73.9% surge in coal and petroleum products. Prices for computers, electronic and optical equipment increased 17.4%, while chemical products rose 15.6% and basic metal products advanced 11.8%. Service prices also increased 3.8%, driven by a 26.2% jump in financial and insurance activities. Meanwhile, prices for agricultural, forestry, and marine products rose 1%, supported by a 10.4% increase in livestock prices. In contrast, utility prices declined 1.2%. On a monthly basis, producer prices rose 2.5%, accelerating from a 1.7% increase in March.
2026-05-20
South Korea Producer Inflation Hits 3-Year High
South Korea's producer prices rose 4.1% year-on-year in March 2026, accelerating sharply from February's pace and marking the strongest increase in three years, as inflationary pressures surged within the industrial sector. Costs increased in manufacturing (5.9% vs. 2.3% in February), services (3.1% vs. 3.2%), and agricultural, forestry, and marine products (0.5% vs. 4.5%), reflecting a shift in inflationary weight from food prices toward energy and chemical manufacturing. By contrast, prices for electricity, gas, and water remained in contraction at -1.1%, matching the decline recorded in the previous month. On a monthly basis, producer prices rose by 1.6% in March, significantly outstepping the 0.6% increase seen in February.
2026-04-21
South Korea Producer Inflation Hits 19-Month High in February
South Korea’s producer prices rose 2.4% year-on-year in February 2026, accelerating from January’s pace and marking the strongest increase since July 2024, as price pressures remained broad-based across key categories. Costs increased for services (3.2% vs 2.6% in January), manufacturing (2.3% vs 1.8%) and agricultural, forestry and marine products (4.5% vs 2.4%), reflecting a sharp rebound in farm-related prices. By contrast, prices for electricity, gas and water remained in contraction at -1.1%, extending the decline from -1.3% previously. On a monthly basis, producer prices rose 0.6% in February, matching the 0.6% increase in January.
2026-03-23