Producer prices in South Korea advanced 7.3 percent year-on-year in August of 2021, easing from an upwardly revised 7.4 percent jump in the previous month, which was the highest since June of 2011. On a monthly basis, producer prices went up 0.4 percent, the 10th consecutive monthly rise mainly due to higher cost of food and energy. source: The Bank of Korea
Producer Prices Change in South Korea averaged 5.93 percent from 1966 until 2021, reaching an all time high of 47.40 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 September of 2021.
Producer Prices Change in South Korea is expected to be 4.90 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 2.50 percent in 2022, according to our econometric models.