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Consumer price growth stays below 1 pct for 5th month

All News 08:00 June 04, 2019

SEJONG, June 4 (Yonhap) -- South Korea's consumer prices moved up 0.7 percent in May from a year earlier, staying below the 1 percent threshold for the fifth consecutive month, government data showed Tuesday, backing the calls for a rate cut in Asia's fourth-largest economy.

From a month earlier, the consumer price index rose 0.2 percent, Statistics Korea said.


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