Energy costs drive up inflation pressure! South Korea's PPI rises 8.5% year-on-year in May, hitting a near four-year high.
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Producer price inflation in South Korea continues to heat up, making market assessments of the Bank of Korea’s monetary policy outlook increasingly complicated.
According to data released by the Bank of Korea on Friday, the PPI rose 8.5% year-on-year in May, marking the biggest annual increase since July