360° Coverage : South Korea's consumer price inflation stays low

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South Korea's consumer price inflation stays low
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South Korea's consumer price inflation stays low

Jul 1 2013, 2:01am CDT | by

Seoul, July 1 (IANS) South Korea's consumer price inflation stayed at the lowest level in nearly 14 years for two straight months due to the persistently stable picture of farm goods and oil prices, a government report showed Monday.

Seoul, July 1 — South Korea's consumer price inflation stayed at the lowest level in nearly 14 years for two straight months due to the persistently stable picture of farm goods and oil prices, a...

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1 year ago

South Korea's consumer price inflation stays low

Jul 1 2013, 2:01am CDT | by

Seoul, July 1 (IANS) South Korea's consumer price inflation stayed at the lowest level in nearly 14 years for two straight months due to the persistently stable picture of farm goods and oil prices, a government report showed Monday.

Seoul, July 1 — South Korea's consumer price inflation stayed at the lowest level in nearly 14 years for two straight months due to the persistently stable picture of farm goods and oil prices, a government report showed Monday.

Consumer prices rose 1 percent in June from a year earlier, stayed at the level for the second consecutive month, according to a report by Statistics Korea. From a month before, the prices fell 0.1 percent, reported Xinhua.

The on-year figure was the lowest since September 1999 when the prices gained 0.8 percent, and remained in the 1-percent range for eight straight months.

The trend of stable prices was attributed to a continued fall in farm goods and petroleum product prices coming from good weathers and stable crude oil prices. Prices for agricultural and oil products declined 4.7 percent and 0.1 percent each in June from the prior month.

IANS

Source: IANS

 
Update
10

6 weeks ago

Thai Inflation Eases

Nov 3 2014 7:16am CST | Source: WSJ.com: Asia Home

Thailand’s consumer prices eased for the fifth consecutive month in October due to a decline in fresh food and energy prices, and economists maintained their predictions that the central bank won’t cut interest rates ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
Update
9

6 weeks ago

India's Manufacturing Activity Improves

Nov 3 2014 1:21am CST | Source: WSJ.com: Asia Home

India’s manufacturing activity improved in October and price pressures eased, but expectations of stronger demand would prevent the central bank from lowering its guard agai ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
Update
8

6 weeks ago

Life got more expensive in October

Nov 2 2014 5:59pm CST | Source: NEWS.com.au

THE TD Securities/Melbourne Institute monthly measure of inflation shows more prices rose than fell in October. ...
Source: NEWS.com.au   Full article at: NEWS.com.au
 

 
Update
7

6 weeks ago

Why very low inflation can damage economies

Nov 1 2014 11:17am CDT | Source: USATODAY

For starters, when prices barely move, many people and businesses postpone purchases. ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
6

6 weeks ago

Japan Inflation Slows Again

Oct 30 2014 6:56pm CDT | Source: WSJ.com: Asia Home

Price growth in Japan weakened again in September, strengthening skepticism over the Bank of Japan’s bullish view on prices and its efforts to achieve its 2% price target. ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
Update
5

7 weeks ago

Inflation linked bond funds have limited utility

Oct 30 2014 8:20am CDT | Source: Business Standard

Wouldn't you want to protect your investments from inflation? Earlier investing in gold was the only o ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
4

7 weeks ago

Against inflation

Oct 29 2014 11:08am CDT | Source: Business Standard

Government's positive changes to foodgrain ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

7 weeks ago

Rajan to hold rates on Dec 2: Analysts

Oct 28 2014 5:53am CDT | Source: Bridgeville Public Library

Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
2

7 weeks ago

NSE Nifty to trade in a band of 7,800-8,200

Oct 26 2014 10:25pm CDT | Source: Bridgeville Public Library

On the macro data front, inflation has been benign and could continue to be so till November when the base effect ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
1

7 weeks ago

Capitol Report: Workers are now earning just what they did when recession hit

Oct 24 2014 10:54am CDT | Source: MarketWatch

Workers’ weekly earnings recently picked up. But after accounting for inflation, third-quarter earnings just matched what workers took home near the start of the recessi ...
Source: MarketWatch   Full article at: MarketWatch
 

 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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