S. Korea's producer price index down 0.7% m/m in April
Updated: 2020-05-21 10:09:12 KST
South Korea's producer prices in April dropped point-seven percent compared to the previous month, pulled down by a drop in industrial product prices amid slumping global oil prices.
The Bank of Korea says last month's production price index stood at 102.zero-eight, down by one-and-a-half percent on-year.
The prices of coal and petroleum products plunged over 22-percent on-month, and more than 43-percent on-year.
Prices of industrial goods decreased one-and-a-half percent on-month, while prices for DRAM chips rose over 7-percent from March.