ID :
192162
Fri, 07/01/2011 - 04:00
Auther :
Shortlink :
https://oananews.org//node/192162
The shortlink copeid
S. Korea's consumer prices rise 4.4 pct in June
SEOUL, July 1 (Yonhap) -- South Korea's consumer prices rose at a faster pace in June, raising concerns that inflationary pressure is mounting despite the government's price stability efforts, a report showed Friday.
According to the report by Statistics Korea, the country's consumer price index rose 4.4 percent last month from a year earlier, quickening from the previous month's 4.1 percent gain.
The figure represents the sixth straight month that consumer prices have jumped over the government's renewed annual inflation target of 4 percent for this year.
Excluding volatile oil and food costs, core inflation rose 3.7 percent from a year earlier. It was up from 3.5 percent tallied for May, the report showed.
According to the report by Statistics Korea, the country's consumer price index rose 4.4 percent last month from a year earlier, quickening from the previous month's 4.1 percent gain.
The figure represents the sixth straight month that consumer prices have jumped over the government's renewed annual inflation target of 4 percent for this year.
Excluding volatile oil and food costs, core inflation rose 3.7 percent from a year earlier. It was up from 3.5 percent tallied for May, the report showed.
