Producer inflation in South Korea rose 1.5% year-over-year in February 2025, slowing from an upwardly revised 1.8% in the previous month. The deceleration was driven by a softer increase in manufacturing product prices (1.3% vs. 1.7% in January) and services (1.6% vs. 1.8%). In contrast, costs for electricity, water, and gas accelerated (5.1% vs. 4.2%), while prices for agricultural, forestry, and marine products continued to decline (-2.1% vs. -1.9%). On a monthly basis, producer prices were flat, following a 0.6% increase in January. source: The Bank of Korea

Producer Prices in South Korea increased 1.50 percent in February of 2025 over the same month in the previous year. Producer Prices Change in South Korea averaged 5.83 percent from 1966 until 2025, reaching an all time high of 47.30 percent in July of 1974 and a record low of -4.70 percent in November of 2015. This page provides - South Korea Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

Producer Prices in South Korea increased 1.50 percent in February of 2025 over the same month in the previous year. Producer Prices Change in South Korea is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-19 09:00 PM
PPI YoY
Jan 1.7% 1.7% 1.8%
2025-03-20 09:00 PM
PPI YoY
Feb 1.5% 1.8% 1.8%
2025-04-21 09:00 PM
PPI YoY
Mar 1.5% 2.2%


Related Last Previous Unit Reference
Export Prices 134.56 135.31 points Feb 2025
Export Prices YoY 6.30 8.50 percent Feb 2025
GDP Deflator 112.00 112.30 points Dec 2024
Import Prices 143.95 145.08 points Feb 2025
Import Prices YoY 4.60 6.60 percent Feb 2025
Inflation Expectations 2.70 2.80 percent Feb 2025
PPI MoM 0.00 0.60 percent Feb 2025
Producer Prices 120.33 120.27 points Feb 2025
PPI YoY 1.50 1.80 percent Feb 2025

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.80 47.30 -4.70 1966 - 2025 percent Monthly
2020=100, NSA


News Stream
South Korea Producer Inflation Eases in February
Producer inflation in South Korea rose 1.5% year-over-year in February 2025, slowing from an upwardly revised 1.8% in the previous month. The deceleration was driven by a softer increase in manufacturing product prices (1.3% vs. 1.7% in January) and services (1.6% vs. 1.8%). In contrast, costs for electricity, water, and gas accelerated (5.1% vs. 4.2%), while prices for agricultural, forestry, and marine products continued to decline (-2.1% vs. -1.9%). On a monthly basis, producer prices were flat, following a 0.6% increase in January.
2025-03-20
South Korea Producer Inflation Stays at 5-Month High in January
Producer inflation in South Korea went up by 1.7% in January 2025, maintaining the same pace as the previous month and marking the highest level since July. Manufacturing product prices increased at a faster rate (1.6%) compared to December's 1.2%, while electric power, water, and gas prices grew more slowly (4.2% vs. 5.3%), along with services (1.7% vs. 2%). . On the other hand, prices continued their decline for agricultural, forestry, and marine products (-2.6 percent vs -2 percent). On a monthly basis, producer prices rose by 0.6%, up from 0.4% in December.
2025-02-19
South Korea Producer Inflation Hits 5-Month High in December
Producer inflation in South Korea rose by 1.7 percent year-on-year in December 2024, up from a 1.4 percent gain in a month earlier, making it the highest level since July. It was due to a rise in the cost of manufacturing products (1.2 percent vs 0.5 percent in November). On the other hand, prices fell for agricultural, forestry, and marine products (-2.0 percent vs -0.5 percent), while the increase in prices slowed for electric power, water, and gas (5.3 percent vs 5.8 percent) and service (2.0 percent vs 2.1 percent). On a monthly basis, producer prices rose by 0.3 percent, after edging up by 0.1 percent in the prior month.
2025-01-20