-- Producer prices in South Korea increased 4.1% in March from a year earlier, the fastest increase since February 2023, according to preliminary data from the Bank of Korea on Wednesday.
The year-on-year gains were driven by higher costs across all categories except electric power, gas, water and waste, which declined 1.1% in the month.
Producer prices across agricultural, forestry & marine products, manufacturing, and services increased 0.5%, 5.9%, and 3.1%, respectively, the data showed.
On a month-on-month basis, producer prices increased 1.6% in March, according to the data.