S. Korea's producer prices dropped 0.8% m/m in March due to falling global oil prices
- 4 years ago
3월 생산자물가 국제유가 하락에 전월비 0.8% 하락
South Korea's producer prices dipped on month in March mainly due to the huge drop in international oil prices.
The Bank of Korea said Wednesday that producer prices last month dropped point-eight percent compared to the previous month.
Industrial goods prices went down 1-point-4 percent...with prices of coal and petroleum goods plunging almost 20 percent.
Service prices edged down point-three percent.
Prices of power, gas, water and waste disposal held steady on-month.
Prices of agricultural goods went up over one percent...as spending on food increased due to the COVID-19 crisis.
South Korea's producer prices dipped on month in March mainly due to the huge drop in international oil prices.
The Bank of Korea said Wednesday that producer prices last month dropped point-eight percent compared to the previous month.
Industrial goods prices went down 1-point-4 percent...with prices of coal and petroleum goods plunging almost 20 percent.
Service prices edged down point-three percent.
Prices of power, gas, water and waste disposal held steady on-month.
Prices of agricultural goods went up over one percent...as spending on food increased due to the COVID-19 crisis.