19.07.201900:26:00UTC+00South Korea Producer Price Inflation Slows In June

South Korea's producer price inflation slowed in June, data from Bank of Korea showed on Friday.

Producer prices rose 0.1 percent year-on-year in June, which was slower than the 0.4 percent increase in May.

Prices for agricultural, forestry and marine products and manufacturing products dropped 0.1 percent and 1 percent, respectively.

The price index for electric power, gas, water and waste, and services gained 2 percent and 1.4 percent, respectively in June.

Month-on-month, producer prices fell 0.3 percent in June, reversing a 0.1 percent rise in the previous month.

The domestic supply price index rose 0.7 percent annually in June and decline by 0.5 percent from a month ago.