South Korea's consumer prices climbed 2% y/y in Oct., highest in 13 months
  • 5 years ago
South Korea's consumer prices rose to a 13-month high in October mainly due to sharp price increases in agricultural goods and oil-related products.
Statistics Korea says the nation's overall consumer prices last month increased two-percent from the same period last year.
It had remained in the one-percent range for 12 consecutive months since October last year.
The agency attributes it to steep rises in the prices of agricultural goods, which shot up by more than 14-percent ... as well as increases in petroleum goods which spiked by nearly 12-percent on-year.
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