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Producer Prices Fall for First Time in Six Months in April Says Bank of Korea

Summary by The Korea Times
Korea's producer prices declined for the first time in six months in April amid falling global oil prices, central bank data showed Friday. The producer price index, a major barometer of consumer inflation, reached 120.24 last month, down 0.1 percent from 120.36 in March, according to preliminary data from the Bank of Korea (BOK). It marked the first decline since October 2024, when the figure slid 0.1 percent. On a yearly basis, however, April'…

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.::Agencia IP::. broke the news in on Thursday, May 22, 2025.
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