16.12.2014 22:30:34

South Korea PPI Slides 0.3% In November

(RTTNews) - Producer prices in South Korea dipped 0.3 percent on month in November, the Bank of Korea said on Wednesday, following the 0.7 percent decline in October.

Among the individual components, prices for agricultural, forestry & marine products added 2.2 percent on month, while manufacturing industry products fell 0.6 percent, electric power, gas & water supply eased 0.1 percent and services were flat.

On a yearly basis, producer prices fell 0.9 percent after shedding 0.8 percent in the previous month.