South Korea's consumer prices rise 1.5% in July
- 6 years ago
South Korea's consumer prices have risen by more than one percent for a tenth straight month.
Statistic Korea says the consumer price index in July rose one-point-five percent on-year on the back of higher global oil prices and agricultural products.
The price of petroleum goods rose more than 12 percent, driving up overall consumer prices by half a percent.
Agricultural goods prices went up four-point-two percent on the back of higher red pepper and rice prices.
Core inflation that excludes energy and food prices rose one percent.
Statistic Korea says the consumer price index in July rose one-point-five percent on-year on the back of higher global oil prices and agricultural products.
The price of petroleum goods rose more than 12 percent, driving up overall consumer prices by half a percent.
Agricultural goods prices went up four-point-two percent on the back of higher red pepper and rice prices.
Core inflation that excludes energy and food prices rose one percent.