South Korea Producer Prices Surge in March on Oil Costs
South Korea's producer prices recorded their fastest increase in three to four years during March, primarily driven by a significant surge in oil costs. This rise was reported by the Bank of Korea.
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Producer prices post fastest rise in 4 yrs in March on oil cost surge: BOK
South Korea's producer prices rose at the fastest pace in about four years in March, driven by higher petroleum and chemical product prices amid rising global oil costs, central bank data showed Wednesday. The producer price index, a key gauge of future consumer inflation, climbed 1.6 percent from a month earlier to 125.24 last month, according to the preliminary data from the Bank of Korea. It marked the sharpest monthly increase since April 2022, when the index also rose 1.6 percent, extending
By The Korea Herald
Read full article →South Korea producer prices rise in March at fastest in more than 3 years
Read full article →Producer prices post fastest rise in 4 yrs in March on oil cost surge: BOK - Yonhap News Agency
Producer prices post fastest rise in 4 yrs in March on oil cost surge: BOK Yonhap News Agency
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