{
  "id": 8126570,
  "title": "Producer prices up in August on prices of agricultural goods",
  "url": "https://urgent.news/2026/09/17/producer-prices-up-in-august-on-prices-of-agricultural-goods-8126570",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T23:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260918/producer-prices-up-in-august-on-prices-of-agricultural-goods"
  },
  "original_language": "en",
  "account": "Korea's producer prices increased in August, with agricultural goods prices rising due to a heatwave, according to central bank data released on Friday. The Producer Price Index (PPI), a crucial indicator of future consumer inflation, climbed 0.2 percent month-over-month, after a 0.4 percent decrease from the previous month, as reported by the Bank of Korea (BOK). In July, the index experienced its first drop since August 2025. From a year ago, producer prices surged 7.9 percent in August, outpacing the previous month's 7.7 percent month-on-month increase. Producer prices serve as an important gauge of future inflation trends, as they impact the prices businesses charge consumers in the months ahead. The BOK noted that prices of industrial goods, including petroleum and chemical products, remained unchanged in August compared to the prior month. Electricity, gas, and water supply prices rose 0.9 percent. Data indicated that prices of agricultural, livestock, and fisheries products increased 3.8 percent in August, a significant acceleration from the previous month's 1.5 percent rise.",
  "summary": "Korea's producer prices rose in August, driven by a rise in prices of agricultural goods caused by a heat wave, central bank data showed Friday. The producer price index (PPI), a key gauge of future consumer inflation, increased 0.2 percent last month from a month earlier, following a 0.4 percent month-on-month decline, according to the preliminary data from the Bank of Korea (BOK). In July, the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Producer prices up in August on prices of agricultural goods",
        "url": "https://urgent.news/2026/09/17/producer-prices-up-in-august-on-prices-of-agricultural-goods",
        "published": "2026-09-17T21:00:12.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Japan's August core consumer prices rise 1.7% yr/yr",
        "url": "https://urgent.news/2026/09/17/japans-august-core-consumer-prices-rise-1-7-yr-yr",
        "published": "2026-09-17T23:39:50.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Producer prices up in August on prices of agricultural goods",
        "url": "https://urgent.news/2026/09/17/producer-prices-up-in-august-on-prices-of-agricultural-goods-8124488",
        "published": "2026-09-17T23:42:04.000Z"
      },
      {
        "outlet": "The Mainichi",
        "title": "Japan's core consumer prices in August rise 1.7% on year",
        "url": "https://urgent.news/2026/09/18/japans-core-consumer-prices-in-august-rise-1-7-on-year",
        "published": "2026-09-18T00:25:48.000Z"
      }
    ]
  },
  "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."
}