Arab Today, arab today south korea’s producer price growth picks up in february
Last Updated : GMT 16:01:23
Arab Today, arab today
Arab Today, arab today

South Korea’s producer price growth picks up in february

Arab Today, arab today

Arab Today, arab today South Korea’s producer price growth picks up in february

Seoul - QNA

South Korea’s producer prices grew at a faster pace in February than the previous month as oil prices picked up and the local currency depreciated to the dollar, the South Korean central bank said Monday.The producer price index, a barometer of future consumer inflation, grew 0.7 percent in February from the previous month, after rising 0.2 percent on-month in January, according to the Bank of Korea (BOK).The data marked the fastest gain since a 0.7 percent on-month gain in February 2012.Last month, prices of Dubai crude, South Korea’s benchmark, rose 2.9 percent from the previous month.The Korean currency depreciated an average of 2 percent against the greenback on-month in February. A weaker won makes prices of imported goods more expensive.Compared with a year earlier, the producer prices fell 1.6 percent last month after declining an identical 1.6 percent in January.The data came after the BOK froze the key interest rate at 2.75 percent for the fifth straight month on Thursday.Korea’s inflationary pressure is largely deemed benign as its consumer prices grew in the 1-percent range for the fourth straight month in February.The BOK aims to keep its inflation between 2.5 percent and 3.5 percent for 2013-2015

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea’s producer price growth picks up in february Arab Today, arab today south korea’s producer price growth picks up in february

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea’s producer price growth picks up in february Arab Today, arab today south korea’s producer price growth picks up in february

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday