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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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The manufacturing sector in South Korea continued to contract in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 48.3.
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South Korea Has $6.51 Billion Trade Surplus
South Korea posted a merchandise trade surplus of $6.51 billion in August, Statistics Korea said in Monday's preliminary reading.
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South Korea July Industrial Production Rises 0.3%
Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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South Korea Industrial Output Adds 0.3% In July
Industrial production in South Korea was up a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
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South Korea Producer Prices Rise 0.4% In July
Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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South Korea Export Prices Climb 1.0% In July
Export prices in South Korea were up 1.0 percent on month in July, the Bank of Korea said on Thursday - after shrinking 1.2 percent in June.
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South Korea Has $14.27 Billion Current Account Surplus
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.
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