South Korea’s Producer Price Index (PPI) fell 0.4% month-over-month in July 2026, turning negative after a flat reading in June, according to data updated on 20 August 2026. The move marks a shift from June’s 0.0% month-on-month change, indicating a modest easing in price pressures at the producer level.
The comparison is based on month-over-month changes, with July’s decline measured against June 2026, while June’s flat reading was measured against May 2026. The negative print suggests that input cost pressures for producers have softened slightly, a development that could eventually filter through to consumer prices if the trend persists. Investors and policymakers will be watching upcoming data closely to see whether July’s pullback signals the start of a broader disinflationary pattern in South Korea’s production sector or a temporary adjustment after recent stability.