Producer prices in South Korea fell 0.3 percent year-on-year in July of 2019, after a 0.1 percent increase in the previous month. It marked the first fall in producer prices since October 2016, as prices continued to decline for agricultural, forestry & marine products (-4.5 percent vs -0.1 percent in June) and manufacturing (-1.5 percent vs -1.0 percent). In addition, services cost slowed (1.3 percent vs 1.4 percent). Meanwhile, electric power, gas, water & waste prices cost advanced faster (2.7 percent vs 2.0 percent). On a monthly basis, producer prices showed no growth, after a 0.3 percent drop in the previous month. Producer Prices Change in South Korea averaged 6.11 percent from 1966 until 2019, reaching an all time high of 47.40 percent in July of 1974 and a record low of -4.70 percent in November of 2015.

Producer Prices Change in South Korea is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in South Korea to stand at 1.50 in 12 months time. In the long-term, the South Korea Producer Prices Change is projected to trend around 1.90 percent in 2020, according to our econometric models.

South Korea Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-20 09:00 PM PPI YoY Apr 0.6% 0.1% 0.5% 0.2%
2019-06-19 09:00 PM PPI YoY May 0.4% 0.6% 0.8% -0.4%
2019-07-18 09:00 PM PPI YoY Jun 0.1% 0.4% 0.5% 0.2%
2019-08-20 09:00 PM PPI YoY Jul -0.3% 0.1% -0.5%
2019-09-23 09:00 PM PPI YoY Aug -0.3%
2019-10-21 09:00 PM PPI YoY Sep -0.6%
2019-11-19 09:00 PM PPI YoY Oct


South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 0.70 32.50 0.20 percent [+]
Inflation Rate Mom -0.30 0.20 5.29 -2.52 percent [+]
Consumer Price Index CPI 104.56 104.88 105.65 2.63 Index Points [+]
Core Consumer Prices 105.14 105.31 105.37 9.61 Index Points [+]
Core Inflation Rate 1.00 0.90 30.50 -0.40 percent [+]
GDP Deflator 104.34 102.67 106.94 0.79 Index Points [+]
Producer Prices 103.55 103.50 107.95 5.03 Index Points [+]
Producer Prices Change -0.30 0.10 47.40 -4.70 percent [+]
Export Prices 100.56 100.79 202.14 17.87 Index Points [+]
Import Prices 110.00 109.36 145.47 5.99 Index Points [+]
Food Inflation 0.80 2.00 6434.02 -4.50 percent [+]
Inflation Expectations 2.10 2.10 4.60 2.10 percent [+]
Cpi Housing Utilities 101.46 102.90 103.15 31.61 Index Points [+]
CPI Transportation 102.58 103.31 112.54 27.63 Index Points [+]


South Korea Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - South Korea Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.10 47.40 -4.70 1966 - 2019 percent Monthly
2010=100, NSA




Country Last Previous
Argentina 59.30 Jun/19
Australia 2.00 Jun/19
Brazil 6.50 Jul/19
Canada -1.70 Jun/19
China -0.30 Jul/19
Euro Area 0.70 Jun/19
France 0.20 Jun/19
Germany 1.10 Jul/19
India 1.08 Jul/19
Indonesia 1.93 May/19
Italy 0.90 Jun/19
Japan -0.60 Jul/19
Mexico 3.38 Jul/19
Netherlands 0.57 Jun/19
Russia 1.10 Jul/19
Saudi Arabia 2.10 Jun/19
Singapore -5.20 Jun/19
South Africa 5.80 Jun/19
South Korea -0.30 Jul/19
Spain -0.60 Jun/19
Switzerland -1.70 Jul/19
Turkey 21.66 Jul/19
United Kingdom 1.80 Jul/19
United States 1.70 Jul/19


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