South Korea’s producer inflation picked up to 0.5% year-on-year in June 2025, up from May’s three-year low of 0.3%, marking the first pickup after four consecutive months of slowing growth.
The rebound was driven by higher costs for services (1.3% vs. 1.2% in May) and agricultural, forestry, and marine products (1.7% vs. -1.7%).
Prices for electricity, water, and gas rose at a steady 4.6%, while manufacturing product costs declined further (-0.9% vs. -0.8%).
On a monthly basis, producer prices inched up 0.1%, following a 0.4% drop in May, suggesting some upward pressure is returning to the supply side of the economy.