# South Korea's Producer Prices Rise 0.2% in September

> South Korea's producer prices rose 0.2% in September, driven by Chuseok holiday demand and ending summer electricity discounts.
- Title: South Korea's Producer Prices Rise 0.2% in September
- Summary: South Korea's producer prices rose 0.2% in September, driven by Chuseok holiday demand and ending summer electricity discounts.
- Keywords: south korea, producer prices, chuseok, electricity bill, bank of korea, cabbage, beef, residential electricity, finance, markets, South, Korea's
- Source: BigGo Finance — https://finance.biggo.com/news/00874d8a-b2e8-480e-a479-5bb0dc55cbe3
- Author: BigGo Finance
- Published: 2026-10-20T22:05:28+00:00
- Read time: 1 min
- Topics: south korea, producer prices, chuseok, electricity bill, bank of korea, cabbage, beef, residential electricity, finance, markets
## South Korea's Producer Prices
South Korea's Producer Price Index rose 0.2% in September from the previous month, extending its upward trend to a second consecutive month.
## Chuseok Holiday Demand
Chuseok holiday demand pushed agricultural, forestry and fishery products up 2.6%, with cabbage surging 42.9% and beef jumping 10.4%.
## Residential Electricity Surge
Residential electricity soared 13.4% as the summer progressive-rate discount ended, driving up prices for electricity, gas, water and waste.
## Year-Over-Year Change
On a year-over-year basis, the index climbed 7.7%, a smaller gain than August's 7.9%.
## Manufactured Goods
Manufactured goods were flat as declines in electronics, including computer memory devices (-11.8%), offset gains elsewhere.
## Services Sector Decline
The services sector fell 0.1% on a 15.8% drop in tourist accommodation and a 6.6% decline in hotels.
## Supply Price Index
The supply price index, which includes imported goods, was unchanged with raw materials rising 3.2% but intermediate goods and final goods each falling 0.3%.
## Key takeaway

South Korea's producer prices rose 0.2% in September due to Chuseok holiday demand and the end of summer electricity discounts.