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S. Korea's producer prices drop 0.3 pct. m/m in June: BOK
Updated: 2019-07-19 13:48:46 KST
South Korea's producer prices fell in June for the first time in five months mainly because of cheaper oil and farm products.
That could mean lower prices for consumers down the road.
According to the Bank of Korea, the producter price index edged down zero.three percent in June from the month before.
The BOK attributed the fall to a drop in the prices of petroleum and coal products.
Korea's benchmark Dubai Crude was down by 11 percent.
Reporter : damikim@arirang.com