Decline in eight months Producer Price Index

[Korea Selected financial newspaper reporters - the producer prices in international oil prices affected fell in eight months.

19 days of the preliminary price of PPI products and services that domestic producers in March, according to the Bank of Korea to market appeared in February (102.70) fell 0.1%, 102.59 (2010 = 100) compared.

Producer Price Index fell for the first time in eight months since July last year.

The decline in international oil prices, the won / dollar exchange rate is interpreted as being a factor dropped the producer price.

Specifically, look at a March Industrial Production fell by 0.3% more than delivered. Coal and oil products fell 3.0%.

Agriculture was fell 2.5%, livestock (1.2%) and fisheries (3.9%) rise.

Electricity, gas and water rose 1.0%.

Producer prices in the service sector rose 0.1%.

But overall producer prices fell compared to the previous month, compared with the previous year is higher by 4.2% in March.

Products and domestic supply price index was measured to distinguish between price fluctuations in the machining step of the service had maintained a flat, the total number of artifacts, including ways to exports fell 0.3%, more than delivered.

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