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S. Korea's Consumer Prices Grow 0.6% in January

Written: 2021-02-02 08:47:35Updated: 2021-02-02 09:41:43

S. Korea's Consumer Prices Grow 0.6% in January

Photo : KBS News

South Korea's consumer prices grew less than one percent for the fourth consecutive month in January.

According to Statistics Korea on Tuesday, the consumer price index came to 106-point-47 in January, up point-six percent from a year earlier. 

It marked the fourth straight month that the on-year consumer inflation grew less than one percent. 

Prices of agricultural, livestock and fisheries products jumped ten percent on-year in January. 

In particular, livestock prices rose eleven-point-five percent on-year to post the largest growth in about six years, as egg prices soared 15-point-two percent and beef prices jumped ten percent.

Industrial goods prices, however, dropped point-six percent on-year due to low oil prices, while prices of gas, water and electricity slipped five percent from a year earlier.

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