The record heatwaves this summer have hit prices of agricultural goods here in Korea... raising the country's producer prices last month.
Kim Hyesung has the details.
Korea's producer prices hit a four-year high in the month of August.
The Bank of Korea says, the producer price index, a barometer of future inflation, reached 105-point-43 in August, up half-a-percent on-month... to hit its highest level since August 2014's 105-point-57.
Compared to the same period last year, the index is up three percent.
The price of agricultural goods jumped over 18 percent in August, making it the biggest on-month jump since September 2010...as vegetable production was hit by the hot weather.
Prices of watermelons went up by 50 percent, cabbage 91 percent and spinach... a whopping 223 percent.
Livestock prices also went up three-point-five percent , with egg prices jumping near 36 percent... while prices of marine products dropped by about four percent on-month.
Prices of industrial goods, electricity and gas edged up zero-point-one-percent.
The price index for the services sector also went up zero-point-one percent on-month on higher restaurant and hotel prices during the summer vacation season.
Kim Hyesung, Arirang News.