S. Korea's consumer prices hit 17-month high


(MENAFN) Through a rapid increase in S. Korea's consumer prices, the nation's producer prices have reached a 17-month high.

Accordingly, the producer price index (PPI) reached 100.79 in December, up 0.8 percent from a month earlier.

In addition, it is the first time the PPI surged passed the 100-mark since it was tallied at 100.33 in Sep 2015.

Moreover, producer prices of coal, oil products and some metal products rose from Nov amid the increases in global oil and steel prices.


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