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21/10/2026 01:28

South Korea: Producer Inflation Eases Slightly.

South Korea’s producer prices rose 7.7% year-on-year in September 2026, easing from a 7.9% increase in August. Manufacturing producer prices climbed 12%, driven by a 53.6% surge in coal and petroleum products. Prices for computers, electronic and optical equipment rose 20.5%, while chemical products increased 17.5% and basic metals gained 14.9%. Service prices rose 3.9%, led by a 21.1% increase in financial and insurance service costs. Meanwhile, prices of agricultural, forestry, and marine products advanced 3.3%, while utility prices rose 3.1%. On a monthly basis, the Producer Price Index increased by 0.2% in September.