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South Korea Producer Prices Rise 0.1% In June
(RTTNews) - Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday - after slipping 0.4 percent in May.
Individually, prices for agricultural, forestry and marine products rose 0.6 percent on month, while manufacturing products were flat, utilities eased 0.1 percent and services rose 0.3 percent.
On a yearly basis, producer prices rose 0.5 percent - accelerating from 0.3 percent in the previous month.
Individually, prices for agricultural, forestry and marine products added 1.7 percent on year, while manufacturing products sank 0.9 percent, utilities jumped 4.6 percent and services rose 1.3 percent.
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South Korea Consumer Confidence Index Improves In July - BoK
Consumer confidence in South Korea strengthened in July, the latest survey from the Bank of Korea showed on Wednesday with an index score of 110.8 - up from 108.7 in June.
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South Korea Export Prices Slip 1.1% In June
Export prices in South Korea were down 1.1 percent on month in June, the Bank of Japan said on Wednesday - after slipping 3.5 percent in May.
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Bank Of Korea Keeps Rates Steady
The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent.
The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
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South Korea Has $10.14 Billion Current Account Surplus
South Korea posted a current account surplus of $10.14 billion in May, the Bank of Korea said on Friday - up from the $5.70 billion surplus in April.
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South Korea Consumer Prices Unchanged In June
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in June, Statistics Korea said on Wednesday - in line with expectations after slipping 0.1 percent in May.
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South Korea Manufacturing PMI Ticks Higher In June - S&P Global
The manufacturing sector in South Korea continued to contract in June, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 48.7.
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South Korea June Trade Surplus $9.08 Billion
South Korea posted a merchandise trade surplus of $9.08 billion in June, Statistics Korea said on Tuesday.
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South Korea Industrial Output Sinks 2.9% In May
Industrial production in South Korea was down a seasonally adjusted 2.9 percent on month in May, Statistics Korea said on Monday.
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