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Prices of 6 out of 10 daily necessities move up in Dec.

All News 11:51 January 03, 2019

SEOUL, Jan. 3 (Yonhap) -- The prices of six out of 10 daily necessities in Seoul rose in December, reflecting the overall inflation level for the month, market data showed Thursday.

The data from the Korea National Council of Consumer Organizations showed that the prices of 23 out of 39 products sold at large supermarkets and other retailers in Seoul increased in the last month of 2018.

The average price of snacks rose from 1,007 won (US$0.89) in November to 1,066 won in December, up 5.9 percent, the data showed.

Prices of detergents, boxes of tissues and seaweed increased 2.4 percent, 2 percent and 1.6 percent on-month, respectively, it revealed.

The price gains come as ordinary people have started to feel the pinch of price hikes for some products. The country's consumer prices rose 1.3 percent in December from a year earlier on increases in agricultural and industrial goods and the service sector, according to Statistics Korea.

Prices of 6 out of 10 daily necessities move up in Dec. - 1


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