FX.co ★ South Korea Producer Inflation Rises to 8-Month High

In October 2025, South Korea experienced a notable 1.5% year-on-year rise in producer prices, the highest increase recorded since February, and an uptick from the 1.2% growth observed in September. The rise was driven by an acceleration in service sector costs, which climbed to 2.0% compared to 1.7% in the previous month, and manufacturing prices, which increased by 1.0% in contrast to September's 0.7%. Conversely, there was a slowdown in the price growth for electricity, water, and gas, which eased to 1.5% from 2.9%. Meanwhile, prices for agricultural, forestry, and marine products saw a rebound, rising 4.0%, a significant recovery from September's decline of 0.9%. On a month-on-month basis, producer prices edged up by 0.2% in October, following a 0.4% rise in September, highlighting diverse developments across different industry sectors.