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Consumer prices growth hits over 4-yr high in Jan.

All News 08:00 February 02, 2017

SEJONG, Feb. 2 (Yonhap) -- South Korea's consumer prices rose at the fastest clip in more than four years in January on a sharp rise in food prices, government data showed Thursday.

The country's consumer price index gained 2 percent last month from a year earlier, accelerating from the previous month's 1.3 percent rise, according to the data compiled by Statistics Korea.

The January figure marked the highest on-year gain since October 2012.

From a month earlier, the index also edged up 0.9 percent in January.

Core inflation, which excludes volatile oil and food prices, increased 1.7 percent compared with last year.


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