S. Korea's producer prices fall for 9th straight month in June
Jul 17, 2013
South Korea's producer prices declined for the ninth consecutive month in June, largely due to a drop in prices of agricultural and fishery products, the central bank said Wednesday.The producer price index, a barometer of future consumer inflation, edged down 1.4 percent in June from a year earlier, after dipping 2.6 percent on-year in May, according to the Bank of Korea (BOK).On a yearly basis, the producer prices fell for the ninth straight month last month. In April, the index fell at the fa