Producer prices rose for the fourth month in a row due to the rise in raw material prices.
According to the Bank of Korea, the producer price index for April was 118.02, 1.1% higher than the previous month.
Looking at the fluctuation rate by item as compared to the previous month, livestock products rose by 7.4% and aquatic products by 2.6%.
Industrial products also rose by 1.2%, in particular, among industrial products, coal and petroleum products rose 2.9% and primary metal products rose 2.6%, exceeding the average.
Among detailed items, pork jumped the most with 28.2%, followed by anchovy with 22.0%, refined edible oil with 11.8%, and diesel with 7.2%.