The Producer Price Index increased by 0.5% month-on-month in October 2022; in year-on-year terms, it increased by 7.3% vs. 7.9% in the previous month. The month-on-month changes in the major sub-indices are as follows: agricultural, forestry & marine products: -7.3%; manufacturing products: 0.3%; electric power, gas, water & waste: 8.1%; services: 0.2%. source: The Bank of Korea
Producer Prices Change in South Korea averaged 5.99 percent from 1966 until 2022, reaching an all time high of 47.40 percent in July of 1974 and a record low of -4.70 percent in November of 2015. This page provides - South Korea Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Producer Prices Change in South Korea is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Producer Prices Change is projected to trend around 3.50 percent in 2023 and 2.50 percent in 2024, according to our econometric models.