Producer prices rose 1.1% in April… Pork 28% Cooking oil 12%↑

[사진 출처 = 연합뉴스]

▶ Click here for a larger view

The producer price index rose for the fourth month in a row due to the rise in raw material prices.

According to the Bank of Korea on the 19th, the producer price index recorded 118.02 (2015 level of 100) in April, 1.1% higher than in March (116.70).

The rate of increase was lower than in March (1.5%), but it is the fourth month since January of this year. Compared to April of last year, a year ago, the rate of increase reached 9.2%.

Looking at the month-on-month fluctuations by item, the prices of livestock and aquatic products rose by 7.4% and 2.6%.

Industrial products also rose 1.2%. In particular, among industrial products, coal and petroleum products (2.9%) and primary metal products (2.6%) rose above the average.

Service prices rose 0.4%. Inflation related to restaurants and lodging (0.6%) and transportation (1.2%) led the rise in demand due to the burden of raw material prices and the abolition of social distancing.

In detail, prices of pork (28.2%), anchovies (22.0%), refined edible oil (11.8%), diesel (7.2%), international air passengers (10.3%), and movie theaters (3.1%) rose significantly. .

On the other hand, strawberries (-20.4%) and TV LCDs (-4.2%) fell.

The domestic supply price index, which measures price fluctuations including imported goods, also rose 2.3% from the previous month. In particular, raw material prices jumped 10.7%.

The total output price index in April, which includes domestic shipments and exports, also rose 1.4% from the previous month.

[이상현 매경닷컴 기자]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]