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November consumer prices at 1.5% ↑...Slowed by 1% for 3 Months

2024.12.03 AM 08:58
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Consumer price growth remained in the 1% range for three months.

Consumer prices rose 1.5% last month from the same month a year ago, according to November's consumer price trends released by Statistics Korea.

Consumer price growth slowed to 1% for the third month after falling to 1.6% in September, down to 1.3% in October.

The core price food and energy exclusion index rose 1.9% and the living price index rose 1.6%.

By item, agricultural, livestock, and marine products rose 1.0%, and industrial products rose 0.6%.

While apples fell 8.9% and green onions fell 20.7%, vegetable inflation continued to be around 10%.

Radishes rose 62.5%, pumpkins rose 42.5%, and cucumbers rose 27.6%.

Oil prices fell 5.3%, compared with 3.4% for gasoline and 10.4% for diesel.



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