Korea's consumer prices climbed 1.4% y/y in Feb.
- 6 years ago
Consumer prices in Korea increased in the one-percent range for the fifth straight month in February.
Statistics Korea says its consumer price index jumped one-point-four percent in February compared to the same period last year... accelerating from the previous month's one-percent on-year gain.
The core inflation rate, which excludes volatile food and oil prices, rose one-point-two percent on-year.
Prices of food, drinks and lodging increased, while communication prices dropped.
In particular, prices of agricultural and fisheries spiked by a whopping three-and-a-half percent on-year.
Statistics Korea says its consumer price index jumped one-point-four percent in February compared to the same period last year... accelerating from the previous month's one-percent on-year gain.
The core inflation rate, which excludes volatile food and oil prices, rose one-point-two percent on-year.
Prices of food, drinks and lodging increased, while communication prices dropped.
In particular, prices of agricultural and fisheries spiked by a whopping three-and-a-half percent on-year.