Korea's producer prices drop for 19th straight month in AprilUpdated: 2014-05-20 20:33:01 (KST)
Korea's producer prices dropped for the 19th straight month in April, on the back of a strong Korean won, which pulled down raw material prices.
The Bank of Korea said Tuesday that producer prices fell three-tenths of a percent last month, on-year.
The drop was led by prices of industrial goods which were most influenced by the lower raw material prices.
But the prices of service and food products, closely linked to the average Korean's spending, all rose from a year ago.
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