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Economic Report

Economic reports, briefs issued by Samsung Economic Research Institute

Producer Prices Slide for 12 Straight Months

Producer Prices Slide for 12 Straight Months

Oct. 21, 2013

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Korea's producer prices maintained a downward trend in September. According to the Bank of Korea (BOK), producer prices slid 1.8% from a year ago, extending their decline for the 12th consecutive month since October last year when prices dipped 0.5%. The decline has continued to widen from July to August when prices dwindled 1% and 1.3%, respectively. Compared to August, producer prices inched down 0.1%, reversing from the 0.3% gain in the previous month.


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