SEOUL Wholesale Borussia Dortmund Jersey , Nov. 19 (Xinhua) -- Prices paid by producers of goods and services in South Korea fell for three months in a row due to lower global oil prices, central bank data showed Wednesday.
The producer prices index (PPI) stood at 104.56 in October, marking the lowest since January 2011, according to the Bank of Korea.
The gauge was down 0.6 percent from the same month of last year Wholesale Bayern Munich Jersey , keeping a downward trend for three straight months.
The downside trend came as Dubai crude, South Korea's benchmark, continued to fall from July, posting a fall of 5.2 percent in September and 10.2 percent in October.
Amid lower crude prices Wholesale Barcelona Jersey , oil product prices declined last month, with gasoline and diesel prices falling 5.1 percent and 5.7 percent respectively.
Prices for agricultural, livestock and fisheries products slid 3.8 percent in October from a month earlier, with those for vegetable and fruits tumbling 16.7 percent.
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