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South Korea's consumer prices rise

Posted on Dec 03, 06:38PM | IANS

South Korea's consumer prices rose 1.6 percent in November from a year earlier, falling below the 2 percent level for the first time in three months, data of a statistical agency showed Monday.

The November figure was down from a 2.1 percent rise for October and a 2.0 percent gain for September, according to Statistics Korea. From a month before, the prices declined 0.4 percent last month, down from a 0.1 percent fall tallied in October, reported Xinhua.

Core consumer prices, which exclude volatile agricultural and oil product prices, advanced 1.3 percent on-year in November, down from a 1.5 percent rise in the previous month.