Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Producer Price Index YoY climbed to 6.9% in April 2026
FMPMonthlyReleased May 2026
South Korea Producer Price Index YoY climbed to 6.9% in April 2026, released May 2026, up 2.8% from March's 4.1% reading. The print exceeded the 5.0% consensus by 1.9%. Producer Price Index YoY has now risen for 4 consecutive months. Over the past 3 months, Producer Price Index YoY averaged 2.8%, vs 1.9% in the prior 3-month window. Producer Price Index YoY is now the highest in 15 months.
Latest Release
6.9
Actual
5
Consensus
4.1
Previous
Median Absolute Error
±0.21 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 5.2
Actual: 6.9
Error: -1.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| KOSPI | ▲ Direct | +0.77 | INDEX | Bullish KOSPI | → View |
| Nikkei 225 | ▲ Direct | +0.69 | INDEX | Bullish Nikkei 225 | → View |
| USD/KRW | ▼ Inverse | −0.50 | FOREX | Bearish USD | → View |
| S&P 500 | ▲ Direct | +0.47 | INDEX | Bullish S&P 500 | → View |
| BTC/USD | ▲ Direct | +0.28 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (South Korea) was reported at 6.9% in May 2026. This beat the market consensus of 5% by 1.9%. The reading rose from the previous value of 4.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 1.78%, ranging from 0.3% to 6.9% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.73%, up from the prior three at 1.77%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with KOSPI (Bullish KOSPI). A secondary relationship exists with Nikkei 225, positively correlated (Bullish Nikkei 225). Over the last 12 releases, the Sigmacast model's median absolute error is 0.21%.
WHAT TO WATCH NEXT
The next release is scheduled for June 18, 2026. Same-country events in the next 14 days include Consumer Confidence (Jun 22) and Business Confidence (Jun 24).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
SHARE
Producer Price Index YoY - KR
Loading chart data...
About Producer Price Index YoY — South Korea
DEFINITION
South Korea's Producer Price Index YoY surged to 6.900000% in May, sharply beating the 5.000000% estimate. This marks a significant acceleration from April's 4.100000%, indicating rising inflationary pressures in the manufacturing sector. Market participants will closely watch upcoming inflation data and central bank responses amid this rapid price increase. Updated 5/20/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 6.9 %, consensus 5 %. Prior reading (Mar 2026): 4.1 %. Before that (Feb 2026): 2.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with KOSPI (Bullish KOSPI, r=0.77) — a useful reference for index-focused traders.