Tag - central bank data showed Wednesday.

Producer prices hit 6-year low in March

Korea’s producer prices fell to the lowest level in six years due mainly to cuts in energy prices, central bank data showed Wednesday. The producer price index, which shows inflation pressures before they reach consumers, came in at 98.42 last month, the lowest March reading since 2010, according to preliminary data from the Bank of Korea. From a month earlier, it represented a decline of 0.1 percent. From the same month last year, it was down 3.3 percent. The central bank [...]