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. source: The Bank of Korea

Producer Prices in South Korea increased 2.40 percent in February 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 March of 2026.

Producer Prices in South Korea increased 2.40 percent in February of 2026 over the same month in the previous year. Producer Prices Change in South Korea is expected to be 1.50 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 1.70 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-23 09:00 PM
PPI YoY
Jan 1.9% 1.9% 1.7%
2026-03-23 09:00 PM
PPI YoY
Feb 2.4% 1.9% 1.8%
2026-04-21 09:00 PM
PPI YoY
Mar 2.4% 4.0%


Related Last Previous Unit Reference
Export Prices 148.98 145.86 points Feb 2026
Export Prices YoY 10.70 7.80 percent Feb 2026
GDP Deflator 117.20 115.50 points Dec 2025
Import Prices 145.39 143.74 points Feb 2026
Import Prices YoY 1.20 -0.90 percent Feb 2026
Inflation Expectations 2.70 2.60 percent Mar 2026
PPI MoM 0.60 0.70 percent Feb 2026
Producer Prices 123.25 122.56 points Feb 2026
PPI YoY 2.40 1.90 percent Feb 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
2.40 1.90 47.30 -4.70 1966 - 2026 percent Monthly
2020=100, NSA

News Stream
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
South Korea Producer Inflation Remains at 1.9%
South Korea’s producer prices rose 1.9% year-on-year in January 2026, matching December’s pace and marking the strongest increase since July 2024, as price pressures remained broad-based across key categories. Costs increased for services (2.6% vs 2.2% in December), manufacturing (1.8% vs 1.9%) and agricultural, forestry and marine products (2.4% vs 6.1%), reflecting a sharp rebound in farm-related prices. By contrast, prices for electricity, gas and water remained in contraction at -1.2%, extending the decline from -1.3% previously. On a monthly basis, producer prices rose 0.6% in January, accelerating from a 0.4% increase in December.
2026-02-23
South Korea Producer Inflation Holds at 16-Month High
South Korea’s producer prices rose 1.9% year-on-year in December 2025, matching November’s pace and marking the strongest increase since July 2024, as price pressures remained broad-based across key categories. Costs increased for services (2.2% vs 2.2% in November), manufacturing (1.9% vs 1.9%) and agricultural, forestry and marine products (6.1% vs 5.5%), reflecting a sharp rebound in farm-related prices. By contrast, prices for electricity, gas and water remained in contraction at -1.4%, extending the decline from -1.2% previously. On a monthly basis, producer prices rose 0.4% in December, accelerating from a 0.3% increase in November.
2026-01-19