South Korea PPI Dips 0.9% In December

(RTTNews) - Producer prices in South Korea were down 0.9 percent on month in December, the Bank of Korea said on Monday - following the 0.3 percent decline in November.

Among the individual components of the data, prices for agricultural, forestry and marine products added 2.6 percent, while manufacturing industry products dropped 1.6 percent, electric power, gas and water supply eased 0.1 percent and services were flat.

On a yearly basis, producer prices tumbled 2.0 percent after losing 0.9 percent in the previous month.

For all of 2014, producer prices fell 0.5 percent.