South Korea’s producer prices rose 8.5% year-on-year in May 2026, up from a 7.2% increase in April and marking the strongest increase since July 2022. Manufacturing producer prices climbed 13.3%, led by a 77.5% surge in coal and petroleum products. Prices for computers, electronic and optical equipment rose 20.2%, while chemical products increased 20.6% and basic metal products advanced 14.5%. Service prices also rose 4.9%, driven by a 35.3% jump in financial and insurance activities. Meanwhile, prices for agricultural, forestry, and marine products increased 4.8%, supported by a 10.3% rise in livestock prices. Utility prices edged up 0.2%. On a month-over-month basis, producer prices rose 0.8%, easing from a 2.7% increase in April. source: The Bank of Korea
Producer Prices in South Korea increased 8.50 percent in May 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 July of 2026.
Producer Prices in South Korea increased 8.50 percent in May of 2026 over the same month in the previous year. Producer Prices Change in South Korea is expected to be 7.50 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 3.00 percent in 2027 and 2.00 percent in 2028, according to our econometric models.