April 20, 2024
Economy
Korea’s consumer prices rise at slowest pace this year
[THE INVESTOR] Korea’s consumer prices increased at the slowest pace in 11 months in November, inching up 1.3 percent from a year earlier and down 0.5 percentage point from October, data by Statistics Korea showed on Dec. 1.
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Core inflation, which excludes oil and food prices, rose 1.4 percent on-year, while vegetable prices dropped 11 percent from October, and fruit prices fell 9 percent.
But industrial goods prices increased 1.4 percent from a month ago, and gasoline prices climbed 6.5 percent.
(theinvestor@heraldcorp.com)
