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Consumer Prices Rise 2.1% in April

Written: 2025-05-02 09:37:32Updated: 2025-05-02 15:35:27

Consumer Prices Rise 2.1% in April

Photo : KBS News

Consumer prices increased more than two percent in April for the fourth consecutive month. 

Statistics Korea said Friday that the country’s consumer price index stood at 116-point-38 in April, up two-point-one percent from a year earlier.

The increase was attributed mainly to livestock products, which jumped in price by four-point-eight percent since April of last year, and fishery products, which got six-point-four percent more expensive over the same period.

The prices of processed food products climbed four-point-one percent on-year in April, the largest gain in 16 months. 

Service prices gained two-point-four percent, while the prices of petroleum products dropped one-point-seven percent amid a recent decline in global oil prices.

Core inflation, which excludes volatile food and energy prices, rose two-point-one percent in April from a year earlier.

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