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S. Korea's consumer prices up 1.5 pct in May

All News 08:00 June 01, 2018

SEJONG, June 1 (Yonhap) -- South Korea's consumer price growth continued to hover above 1 percent in May on a rise in prices of agricultural goods and services, government data showed Friday.

The country's consumer price index climbed 1.5 percent last month from a year earlier, slightly decelerating from the previous month's 1.6 percent on-year gain, according to the data compiled by Statistics Korea.

From a month earlier, the index rose 0.1 percent.

Core inflation, which excludes volatile oil and food prices, grew 1.3 percent on-year.


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