S. Korea's producer price index rises for first time in three months in June

South Korea's producer prices went up last month after falling for two months, mainly due to high prices of agricultural and livestock products.

According to the Bank of Korea on Tuesday, the producer price index in June rose by point-1 percent compared to the previous month, as agriculture, forestry, and fisheries products saw an increase of point-6 percent.

The Bank of Korea says that the heatwave and heavy rain in July have made prices for farm and seafood products less predictable.

It added that the higher oil prices from June might affect July's producer prices.