South Korea’s Producer Price Index (PPI) inflation eased to 7.7% year-over-year in July 2026, down from 8.6% in June 2026, according to data updated on 20 August 2026. The figures are measured on an annual basis, comparing each month’s price changes with the same month a year earlier.
The July reading marks a continued slowdown in producer-level inflation pressures, suggesting some moderation in upstream costs for businesses after an extended period of elevated price growth. While producer prices are still rising at a relatively strong pace, the deceleration from June’s level points to a potential easing in cost pressures that could, over time, filter through to consumer prices and broader economic conditions.