South Korea's consumer prices posted growth in the zero percent range for the second consecutive month in June.
 
Statistics Korea said Friday that the nation’s consumer price index rose eight-tenths of a percent last month year-on-year.
 
The consumer price index jumped eight-tenths of a percent in January before posting growth in the one percent range between the months of February and April. But in May, such growth again slipped to eight-tenths of a percent.
 
The statistics agency said the figure remained in the zero percent range after energy prices fell nine-point-six percent last month year-on-year due to a drop in global oil prices.
 
Energy prices drove down overall consumer prices by 41-hundredths of a percentage point.
 
Meanwhile, service sector prices grew two-point-two percent, raising overall inflation by one-point-24 percentage points.