Producer prices rise for 6th consecutive month in Feb. on high oil prices: BOK

South Korea's producer prices rose for the sixth consecutive month in February, driven by higher agricultural costs and rising global oil prices, central bank data showed Tuesday. The producer price index, a key gauge of future consumer inflation, climbed 0.6 percent from a month earlier to 122.56 in February, according to the preliminary data from the Bank of Korea. The index has increased steadily since September. From a year earlier, producer prices went up 2.4 percent in February, the fastes

By The Korea Herald