South Korea's producer prices go up in February

South Korea's producer prices for the month of February hit their highest level in three years,... with agricultural and fisheries goods prices seeing huge increases.
Kim Hyesug has the details.
South Korea's producer prices rose for the second month in a row in February.
The Bank of Korea says last month's producer price index, a barometer of future consumer inflation, reached 103-point-99,... up zero-point-four percent compared to the previous month and one-point-three percent on-year.
The index is at its highest point since November 2014.
Agricultural and fishery products prices surged five-point-seven percent on-month, hitting a high not seen since August 2016, due to the cold weather and soaring demand during the Lunar New Year holiday.
Prices of agricultural goods spiked more than nine percent on-month, led by rising prices of goods like white radish and green chili peppers.
Prices of livestock also rose around four percent, with chicken prices soaring 17-and-a-half percent on-month.
Prices of industrial goods rose slightly by zero-point-two percent as chemicals climbed zero-point-eight percent from a month earlier.
Service prices edged up a tenth of one percent.
Kim Hyesung, Arirang News.