Consumer price growth stays below 1 pct for 6th month in a row

Arirang News

5 years ago

Consumer price growth in South Korea has remained below one percent for six months in a row.
Statistics Korea said on Tuesday consumer prices edged up point-seven-percent on-year in June.
That is far lower than the Bank of Korea's target of two percent.
Livestock and fisheries product prices rose one-point-eight percent compared to the same month last year.
The agency attributed the low inflation rates to sluggish growth in service prices... as well as a drop in the prices of petroleum goods compared to the same period last year.

Consumer price growth stays below 1 pct for 6th month in a row

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