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S. Korea's Consumer Prices Rise 0.6% in November

Written: 2020-12-02 08:58:33Updated: 2020-12-02 10:09:32

S. Korea's Consumer Prices Rise 0.6% in November

Photo : YONHAP News

South Korea's consumer prices continued to grow at a slow pace in November, posting a little more than zero-percent growth for the second consecutive month. 

According to Statistics Korea on Wednesday, the consumer price index gained point-six percent on-year last month from a year earlier.

The reading follows point-one percent growth recorded in October, the lowest gain in four months due to state subsidies for mobile phone bills.

Prices of agricultural, livestock and fisheries products jumped eleven-point-one percent on-year in November.

Industrial goods prices, however, dropped point-nine percent on-year, while prices of gas, water and electricity slipped four-point-one percent from a year earlier.

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