South Korea Producer Price Index

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South Korea Producer Price Index: 119.25 (0.08%)
Last Update: May 31, 2024

South Korea Producer Price Index closed down 119.25 as of May 31, 2024 from 119.16 from the previous month and 120.03 from last year.


South Korea Producer Price Index Analytics & Data




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South Korea Producer Price Index closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Korea Producer Price Index

DateValues
2024-05-31 119.25
2024-04-30 119.16
2024-03-31 118.82
2024-02-29 118.55
2024-01-31 118.19
2023-12-31 117.56
2023-11-30 121.02
2023-10-31 121.56
2023-09-30 121.72
2023-08-31 121.17
2023-07-31 120.08
2023-06-30 119.77
2023-05-31 120.03
2023-04-30 120.5
2023-03-31 120.59
2023-02-28 120.46
2023-01-31 120.25
2022-12-31 119.79
2022-11-30 120.29
2022-10-31 120.68
2022-09-30 120.06
2022-08-31 119.98
2022-07-31 120.44
2022-06-30 120.1

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South Korea Producer Price Index Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
Producer Price Indexkr.producerprices119.25119.160-1DownDown182024-05-31

South Korea Producer Price Index Factors

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South Korea Producer Price Index Historical Data

The MacroVar database offers free access to historical data for the South Korea Producer Price Index, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea Producer Price Index data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea Producer Price Index

The Producer Price Index (PPI) in South Korea is a measurement of the average change over time in the selling prices received by domestic producers for their goods and services. It is an important economic indicator that helps to gauge inflationary pressures at the producer level. By tracking changes in the PPI, policymakers and analysts can assess the overall health of the economy and make informed decisions regarding monetary policy. A rising PPI can indicate increasing production costs, which may eventually be passed on to consumers in the form of higher prices. Conversely, a declining PPI may suggest weakening demand or excess supply in the market. Overall, the South Korea Producer Price Index provides valuable insights into the country's economic performance and inflationary trends.

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