ID :
125399
Tue, 06/01/2010 - 14:25
Auther :

S. Korea`s consumer prices rise 2.7 pct in May

SEOUL, June 1 (Yonhap) -- South Korea's consumer prices grew at a mild pace in
May, easing anxiety that inflationary pressure could affect the government's
efforts to bolster growth, a report showed Tuesday.
According to the report by Statistics Korea, the consumer price index rose 2.7
percent last month from a year earlier, remaining under the 3 percent mark for a
fourth consecutive month.
The numbers represent a 0.1 percent gain from the month before when consumer
prices gained 2.6 percent on-year.
Core inflation, excluding volatile oil and food prices, rose 1.6 percent from a
year ago, posting a slight gain from 1.5 percent tallied in the previous month,
the report showed.
yonngong@yna.co.kr
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