Menu Content
Go Top


S. Korea's Consumer Price Growth Hits One-Year High in February

Write: 2021-03-04 08:54:03Update: 2021-03-04 18:35:49

Photo : YONHAP News

South Korea's consumer prices grew at the steepest pace in one year in February due to a sharp rise in the prices of agricultural and livestock products. 

According to Statistics Korea on Thursday, the consumer price index came to 107 last month, up one-point-one percent from a year earlier. 

It marked the fastest on-year gain since February last year, when the index rose one-point-one percent as well.

Prices of agricultural, livestock and fisheries products jumped 16-point-two percent on-year in February to post the largest growth in a decade. 

In particular, prices of agricultural products rose 21-point-three percent on-year, as scallion prices more than doubled and apple prices jumped 55 percent.

Industrial goods prices, however, dropped point-seven percent on-year, while prices of gas, water and electricity slipped five percent from a year earlier.

Editor's Pick


This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >