consumer prices Archives | Be Korea-savvy
S. Korea Logs First Drop in Inflation in September, Boosts Odds of Rate Cut

S. Korea Logs First Drop in Inflation in September, Boosts Odds of Rate Cut

SEJONG, Oct. 1 (Korea Bizwire) — South Korea’s headline inflation dropped for the first time in September due to a decline in farm goods and weak demand, the statistics agency said Tuesday, the latest in a series of data backing an additional rate cut for Asia’s fourth-largest economy. South Korea’s consumer prices fell 0.4 percent [...]

S. Korea’s Consumer Prices Gain 0.8 Pct in Jan.

S. Korea’s Consumer Prices Gain 0.8 Pct in Jan.

SEJONG, Feb. 2 (Korea Bizwire) - South Korea’s consumer prices grew less than 1 percent for the first time in three months, a government report showed Tuesday, rekindling concerns about deflation. The country’s consumer price index rose 0.8 percent last month from a year earlier, a 0.5 percentage point fall from December’s 1.3 percent gain, according [...]

S. Korea’s Inflation Hits One-Year High in Nov.

S. Korea’s Inflation Hits One-Year High in Nov.

  SEJONG, Dec. 1 (Korea Bizwire) – South Korea’s consumer inflation inched up to a one-year high in November as a drop in oil prices slowed, a government report showed Tuesday, a positive development for Asia’s fourth-largest economy struggling to shake off deflation concerns. The country’s consumer price index gained 1 percent last month from [...]