Producer prices rise for 5th consecutive month in Jan. on high chip prices: BOK

Producer prices rise for 5th consecutive month in Jan. on high chip prices: BOK

South Korea's producer prices rose for a fifth consecutive month in January, driven by a marked increase in semiconductor prices and higher agricultural costs, central bank data showed Tuesday. The producer price index , a key gauge of future consumer inflation, climbed 0.6 percent from a month earlier to 122.50 in January, accelerating from a 0.4 percent rise in December, according to the preliminary data from the Bank of Korea. The index has increased steadily since September, rising 0.4 perce

By The Korea Herald