{
  "id": 15820941,
  "title": "Producer prices up for 2nd month in Sept. on higher prices of agricultural goods",
  "url": "https://urgent.news/2026/10/20/producer-prices-up-for-2nd-month-in-sept-on-higher-prices-of-15820941",
  "topic": "world",
  "section": "World",
  "published": "2026-10-20T23:57:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261021/producer-prices-up-for-2nd-month-in-sept-on-higher-prices-of-agricultural-goods"
  },
  "original_language": "en",
  "account": "Producer prices increased for the second month in a row in September, primarily due to higher prices of agricultural goods during the Chuseok holiday season, according to data released by the central bank on Wednesday. The producer price index (PPI), which serves as a crucial indicator of future consumer inflation, climbed by 0.2 percent from the previous month, continuing a 0.1 percent gain observed in August. Preliminary figures from the Bank of Korea (BOK) revealed that in July, the index had dropped for the first time since August 2025. From a year ago, producer prices experienced a 7.7 percent rise in September, a slight deceleration from the month prior's 7.9 percent on-year increase. The BOK noted that prices of agricultural, livestock, and fisheries products surged by 2.6 percent in September due to heightened demand during the Chuseok holiday, which extended into the fourth week of the month. Additionally, prices of electricity, gas, and water supplies rose by 1.3 percent last month, while the cost of industrial goods, such as petroleum, remained relatively stable.",
  "summary": "Producer prices rose for the second consecutive month in September driven by higher prices of agricultural goods during the Chuseok season, central bank data showed Wednesday. The producer price index (PPI), a key gauge of future consumer inflation, increased 0.2 percent last month from a month earlier, following a 0.1 percent on-month gain in August, according to the preliminary data from the…",
  "key_points": [
    "Producer prices rose for 2nd month in September",
    "Higher agricultural goods prices main driver",
    "Chuseok holiday season contributed to price increase"
  ],
  "editors_take": "Rising agricultural costs driven by holiday demand signal potential upward pressure on future consumer inflation as producer prices continue their two-month streak of growth.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Producer prices up for 2nd month in Sept. on higher prices of agricultural goods",
        "url": "https://urgent.news/2026/10/20/producer-prices-up-for-2nd-month-in-sept-on-higher-prices-of",
        "published": "2026-10-20T21:00:13.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Producer prices up for 2nd month in Sept. on higher prices of agricultural goods",
        "url": "https://urgent.news/2026/10/21/producer-prices-up-for-2nd-month-in-sept-on-higher-prices-of",
        "published": "2026-10-21T00:37:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}