| S.Korea's consumer prices rise 1.5 pct in July |
| Last Updated(Beijing Time):2012-08-01 08:19 |
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South Korea's consumer prices rose 1. 5 percent in July from a year earlier, falling below the low end of Bank of Korea (BOK)'s inflation target band of 2-4 percent, a report showed Wednesday.
Consumer prices advanced 1.5 percent in July from a year before, down from a 2.2- percent on-year gain tallied in the previous month, according to Statistics Korea. From a month earlier, the prices were down 0.2 percent.
Core consumer prices, which exclude volatile agricultural and oil product prices, rose 1.2 percent on-year in July, down from a 1.5 percent on-year advance in the previous month, while the OECD- method core CPI, excluding food and energy prices, gained 1.2 percent last month, down from a 1.4-percent increase in June. |
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