S.Korea's consumer price rises 0.2 pct in November

Source:Xinhua Published: 2019/12/2 14:10:12

File photo: VCG


 
South Korea's consumer price rose 0.2 percent in November from a year earlier, turning upward in four months, statistical office data showed Monday.

Consumer price index stood at 104.87 in November, up 0.2 percent from a year earlier, according to Statistics Korea. It was the first increase in four months since July.

The consumer price inflation was unchanged in August and October, marking the first-ever decline in September. It hovered below 1 percent for 11 straight months.

Core consumer price, which excludes volatile agricultural and oil products, added 0.6 percent in November from a year earlier, posting the lowest in about 20 years.

The OECD-method core price, which excludes volatile food and energy costs, rose 0.5 percent in the month.

Posted in: ECONOMY

blog comments powered by Disqus