South Korea Producer Prices Rise 0.3% In February

RTTNews | 65日前
South Korea Producer Prices Rise 0.3% In February

(RTTNews) - Producer prices in South Korea were up a seasonally adjusted 0.3 percent on month in February, the Bank of Korea said on Friday - slowing from 0.5 percent in January.

Individually, prices for agricultural, forestry and marine products rose 0.8 percent on month, while manufacturing products were up 0.5 percent, utilities slumped 0.9 percent and services were up 0.2 percent.

On a yearly basis, producer prices climbed 1.5 percent - up from 1.3 percent in the previous month.

Individually, prices for agricultural, forestry and marine products rose 10.9 percent on year, while manufacturing products were up 0.3 percent, utilities rose 0.9 percent and services added 2.1 percent.

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Bank Of Korea Retains Key Rate; Lifts Growth Outlook

Bank Of Korea Retains Key Rate; Lifts Growth Outlook

The Bank of Korea maintained its benchmark rate unchanged again on Thursday and retained its hawkish stance toward future policy as it upgraded the economic growth outlook on improving global factors and the easing of sluggish domestic demand. The Monetary Policy Board unanimously decided to hold the Base Rate at 3.50 percent.
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