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March 22, 2010 5:13:59 AM EDT

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South Korea Producer Prices Jump 2.8% In January
Monday February 08, 2010 22:28:00 EST

(RTTNews) - Producer prices in South Korea increased 2.8% year-on-year in January, faster than the 1.8% increase in the previous month, the Bank of Korea said on Tuesday.

Producer prices of industrial products spiked 3.4% in January, while that of pulp, paper products & publications and textile products & apparel grew 1.7% and 0.8%, respectively.

On a monthly basis, the producer price index climbed 0.7%, adding to the 0.5% increase in the preceding month.

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