South Korea Inflation Rate at 12-Month High


Consumer prices in South Korea went up 1 percent year-on-year in November of 2015, higher thanfollowing a 0.9 percent increase in the previous month and the highest since November last year. On a monthly basis, the inflation rate turned negative.

By sector, prices of services recorded the highest increase (up 2.2 percent), followed by agricultural, livestock and fisheries products (up 1.7 percent) while cost of industrial goods was flat. In addition, prices of fresh food went up 3 percent. 

The core index grew 2.4 percent, the biggest increase since January.

On a monthly basis, consumer prices fell 0.1 percent after being flat in October as service cost showed no growth and prices of agricultural, livestock and fisheries products fell 2.2 percent, offsetting a 0.2 percent gain in rices of industrial goods. 

South Korea Inflation Rate at 12-Month High


Joana Taborda | joana.taborda@tradingeconomics.com
11/30/2015 11:34:54 PM