Last month, the heat wave continued, and the price of vegetables and livestock products rose significantly.
According to the September producer price index released by the Bank of Korea today (22nd), agriculture, forestry, and fisheries products rose 5.3% from August.
In detail, cabbage jumped 61%, tomatoes jumped 51%, and pork and beef also rose more than 10%.
The Bank of Korea analyzed that the price of vegetables rose a lot due to poor crops due to poor weather conditions such as heat waves until September, and the decrease in the number of slaughter days for livestock products affected the price increase.
In addition, industrial products fell 0.7% in the aftermath of a fall in international oil prices, mainly in petroleum and chemical products.
The service sector also fell 0.2%, led by restaurants and transportation services.
The overall producer price index fell for the second straight month to 119.17, down 0.2% from August.
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