South Korea's consumer price rose 1 percent in March from a year earlier, staying above 1 percent for the third consecutive month, statistical office data showed Thursday.
The consumer price index (CPI) stood at 105.54 in March, up 1.0 percent from a year earlier, according to Statistics Korea.
The consumer price inflation hovered above 1 percent for the third consecutive month, after recording 1.5 percent in January and 1.1 percent in February each. For the whole year of last year, the headline inflation stayed below 1 percent.
Core consumer price, which excludes volatile agricultural and oil products, gained 0.7 percent in March from a year earlier. The OECD-method core price, which excepts volatile food and energy costs, added 0.4 percent, marking the lowest in over 20 years since December 1999.
The so-called living cost index, which reflects the price for 141 daily necessities, advanced 1.8 percent in the month.
Fresh food index, which gauges the cost for fish, shellfish, vegetable and fruit, went up 3.8 percent last month.
Source: Xinhua |
