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

11 Updates
South Korea's consumer price inflation stays low
Photo Credit: LAURENT FIEVET, Getty Images

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...

Filed under: news

YouTube Videos

 
 
 

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
11

3 hours ago

Inflation policy set to face questions

Sep 22 2014 3:26am CDT | Source: Business Day

SA’s politically unpopular inflation targeting policy could come under threat now that Gill Marcus has ...
Source: Business Day   Full article at: Business Day
 

 
Update
10

2 days ago

What to Watch: TIPS have been challenged lately

Sep 20 2014 6:15am CDT | Source: USATODAY

If you're worried about inflation, you've probably thought about investing in TIPS. ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
9

3 days ago

'RBI needs to raise policy rates to bring down inflation'

Sep 19 2014 1:05am CDT | Source: Bridgeville Public Library

The WPI-based inflation dropped to a five-year low of 3.74 per cent in August, while the retail inflation was still at an elevate ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
8

3 days ago

Wide divergence of views on inflation, BER survey shows

Sep 18 2014 11:29am CDT | Source: Business Day

Analysts expect inflation to dip from 6.2% in 2014 to 5.4% in 2016, business people expect it to accelerate to 6.4% and trade union official ...
Source: Business Day   Full article at: Business Day
 

 
Update
7

4 days ago

Crisil Launches India's First Index for Inflation-Linked Government Bonds

Sep 18 2014 4:27am CDT | Source: IBTimes UK

CRISIL IIGS Index will track a portfolio of inflation-linked securities issued by the gover ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
5

4 days ago

No inflation, no problem. US not turning Japanese

Sep 17 2014 12:02pm CDT | Source: CNBC

Inflation may have taken a break in the U.S., but the country hardly seems perched to be the ne ...
Source: CNBC   Full article at: CNBC
 

 
Update
4

4 days ago

Judging by inflation, it's good to be American

Sep 17 2014 11:55am CDT | Source: Fortune

U.S. inflation came in below expectations. That's good news for Americans and certainly a lot better than what's happening in Europe, ...
Source: Fortune   Full article at: Fortune
 

 
Update
3

4 days ago

U.S. consumer prices post first decline in nearly 1-1/2 years

Sep 17 2014 8:08am CDT | Source: Reuters India

WASHINGTON (Reuters) - U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, potentially reducing the urgency for the Feder ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
2

5 days ago

Wholesale inflation remains tame in August

Sep 16 2014 7:44am CDT | Source: USATODAY

The producer price index was unchanged in August.         ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
1

5 days ago

U.S. Producer Prices Unchanged in August

Sep 16 2014 7:41am CDT | Source: WSJ.com: What's News US

A gauge of U.S. inflation was unchanged in August, a sign that price pressures remain tame amid subdued eco ...
Source: WSJ.com: What's News US  Full article at: WSJ.com: What's News US
 

 

Don't miss ...

 

<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.

 

blog comments powered by Disqus

Latest stories

Dry roasted peanuts may trigger allergy risk
London, Sep 22 (IANS) Dry roasted peanuts are more likely to trigger an allergy to peanuts than their raw form, suggests a study.
 
 
How to prevent depression risk among teens
New York, Sep 22 (IANS) If you wish to shield your kids from depression, driving home the point that personalities can be changed may help, a study suggests.
 
 
Chinese firm sacks 340 employees over expired meat
Shanghai, Sep 22 (IANS) The parent company of Shanghai Husi Food Co. Ltd. has announced it will sack 340 employees of the firm following an expose that it used expired meat.
 
 
Newborns have strong immune system
London, Sep 22 (IANS) Although their immune system works very differently from that of adults, babies may be able to mount a stronger immune defence than previously thought, a study suggests.
 
 
 

Latest from the Network

Dry roasted peanuts may trigger allergy risk
London, Sep 22 (IANS) Dry roasted peanuts are more likely to trigger an allergy to peanuts than their raw form, suggests a study. Specific chemical changes caused by the high temperatures of the dry roasting process...
Read more on Celebrity Balla
 
Asiad basketball: India men down Kazakhstan 81-60
Incheon, Sep 22 (IANS) The Indian men's basketball team registered their second win from three matches in the 17th Asian Games here Monday, defeating Kazakhstan 81-60 in a qualifying round Group B encounter at the...
Read more on Sport Balla
 
How to prevent depression risk among teens
New York, Sep 22 (IANS) If you wish to shield your kids from depression, driving home the point that personalities can be changed may help, a study suggests. A low-cost, one-time intervention that educates teenagers...
Read more on Celebrity Balla
 
Chinese firm sacks 340 employees over expired meat
Shanghai, Sep 22 (IANS) The parent company of Shanghai Husi Food Co. Ltd. has announced it will sack 340 employees of the firm following an expose that it used expired meat. In a statement posted on its website Monday...
Read more on Business Balla
 
Asiad volleyball: Indian women lose to Japan
Incheon, Sep 22 (IANS) The Indian women's volleyball team lost 0-3 in a Group A preliminary round match of the 17th Asian Games at the Ansan Sangroksu Gymnasium here Monday. The Indian team, which had lost to South...
Read more on Sport Balla
 
Bahrain national elections to be held in November
Manama, Sep 22 (IANS) Bahrain's national elections will be held in early November, Minister of State for Information Affairs Sameera Rajab said. An exact date for the parliamentary and municipal council elections,...
Read more on Politics Balla
 
Citizens' freedom might be restricted for security: Australian PM
Canberra, Sep 22 (IANS) The Australian government is set to introduce counter-terrorism laws to crack down on Australians fighting for militant or terrorist groups, media reported. Australians have been warned that...
Read more on Politics Balla
 
Newborns have strong immune system
London, Sep 22 (IANS) Although their immune system works very differently from that of adults, babies may be able to mount a stronger immune defence than previously thought, a study suggests. Contrary to what was...
Read more on Business Balla
 
Nicolas Cage hurt by 'snarky comments'
Nicolas Cage admits ''snarky comments'' get him down. The 'Kick-Ass' actor can't stop himself reading peoples' opinions, and revealed he sometimes cares too much and complains to his wife about what the public have said...
Read more on Movie Balla
 
Roberto Orci drops out of Power Rangers reboot
Roberto Orci has dropped out of the 'Power Rangers.' The screenwriter-and-producer has been forced to quit as executive producer in the Lionsgate and Haim Saban's upcoming big screen reboot as his 'Star Trek 3'...
Read more on Movie Balla