The Korea Herald

피터빈트

Inflation rate hits 7-month high

By 박윤아

Published : Oct. 5, 2016 - 09:30

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[THE INVESTOR] South Korea’s inflation rate hit 1.2 percent in September, the highest in seven months, according Statistics Korea on Oct. 5.

The figure had stayed below the 1 percent level four straight months since May. From a month earlier, the index edged down 0.6 percent in September.

Core inflation, which excludes volatile oil and food prices, increased 1.8 percent compared with last year, remaining unchanged from a month earlier.

(theinvestor@heraldcorp.com)