South Korea Producer Inflation Holds at 16-Month High
2026-01-19 21:24
By
Felipe Alarcon
1 min. read
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.