Arab Today, arab today south korea’s consumer prices grow 1
Last Updated : GMT 03:07:11
Arab Today, arab today
Arab Today, arab today

South Korea’s consumer prices grow 1%

Arab Today, arab today

Arab Today, arab today South Korea’s consumer prices grow 1%

Seoul - QNA

South Korea’s consumer prices grew at a slower pace on-year in February, a government report showed Tuesday, thanks in part to stabilized costs of farming goods. The country’s consumer price index rose 1 percent in February from a year earlier, a slight decline from the 1.1 percent gain tallied in January, according to the report by Statistics Korea. This marked the fourth straight month that growth has stayed in the 1 percent range. Core inflation, which excludes volatile oil and food prices, rose 1.7 percent on-year in February, unchanged from January when it also increased 1.7 percent from a year earlier, South Korea’s News (Yonhap) reported. The agency attributed the slowing growth to stabilized prices of farming goods and oil products that helped keep prices of other consumption goods low. Falling costs of personal services also played a part in bringing down the overall price index, it added. The report said the fresh food price index dropped 12.4 percent on-year in February following a 12.9 percent fall in January. Fresh vegetables and fruits fell 25.7 percent and 3.7 percent, respectively. Prices of oil-related products also declined with gasoline and diesel prices falling 3.6 percent and 3.8 percent on-year in February. The “livelihood price” index, which measures the costs of key daily necessities, rose 0.4 percent on-year last month. Food and non-alcoholic beverage products dropped 1.3 percent, while those of transportation and communications services declined 0.8 percent and 0.2 percent over the same period, the report showed. Utility service prices, however, posted a marked rise. The costs of electricity, tap water and gas jumped 6 percent on-year in February. Home rental prices also rose 2.5 percent in February, which was higher than the previous month’s 2.4 percent gain, the report showed. The government forecast that consumer prices will remain stable “for the time being” but could “slightly” pick up starting in March. It cited such lingering risks as heightened volatility in international crude oil prices and possible climate-caused supply disruptions of farming goods.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea’s consumer prices grow 1 Arab Today, arab today south korea’s consumer prices grow 1

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday