Surprise Me!

S. Korean consumer price growth stays below under 1% for seventh-straight month in July

2019-08-01 0 Dailymotion

7월 소비자물가 0.6% 올라...7개월 연속 0%대<br /><br />South Korea's consumer price growth remained in the zero-percent range for the seventh-straight month in July.<br />Data from Statistics Korea shows consumer prices rose zero-point-six percent on-year last month.<br />It's the longest stretch of below-one-percent price growth... since the February to November period in 2015.<br />Fruit and vegetable prices fell six-point-four percent on-year, while those of petroleum goods fell five-point-nine percent.<br />Statistics Korea described the ongoing trend as "disinflation",... due to external factors such as climate change and falling energy prices,... rather than low demand.<br />

Buy Now on CodeCanyon