S. Korea's Consumer Price Index up 3.7% y/y in Nov., biggest jump in nearly 10 years
Updated: 2021-12-02 09:12:49 KST
South Korea's consumer prices in November saw their biggest jump in nearly 10 years.
According to Statistics Korea on Thursday, the Consumer Price Index stood at one-hundred-nine.four, up 3.7 percent on-year.
The growth largely led by soaring costs of oil and agricultural goods.
Prices of petroleum products rose 35.5 percent, with gasoline, diesel, and LPG all jumping more than 30 percent.
Agriculture, livestock and fishery product prices climbed 7.6 percent, bouncing up from a point-2 percent increase in October.