The Bank of Korea published preliminary data showing that the Producer Price Index rose 0.2% in September 2026 from August, compared with a 0.1% increase the previous month. Annual producer price growth eased to 7.7% from 7.9%. Prices for agricultural, forestry and marine products and for utilities increased, while manufacturing prices were unchanged and services prices declined slightly. Agricultural, forestry and marine product prices rose 2.6% from August, including increases of 3.7% for agricultural foods and 2.7% for livestock products. Electric power, gas, water and waste prices increased 1.3%. Within manufacturing, chemical product prices rose 1.0%, while computers, electronic and optical equipment prices fell 1.7%. Services prices declined 0.1%, with accommodation and food services down 0.6%. The Domestic Supply Price Index, which covers goods and services supplied to the domestic market, was unchanged monthly and rose 8.5% annually. Raw material prices increased 3.2% from August, offset by declines of 0.3% in both intermediate and final goods and services. The Total Output Price Index, covering production for domestic and export markets, fell 0.1% monthly and increased 14.7% annually, down from 15.2% in August.
Bank of Korea reports September producer prices up 0.2% monthly as annual growth eases to 7.7%
The Bank of Korea’s preliminary September 2026 data showed producer prices rising 0.2% from August, while annual growth slowed to 7.7% from 7.9%. Agricultural, forestry and marine products and utilities recorded monthly increases, while manufacturing prices held steady and services edged lower. Domestic supply prices were unchanged from August, and total output prices fell 0.1%.