S. Korea's consumer price rises 0.6 pct in July

Source: Xinhua| 2019-08-01 08:58:19|Editor: Li Xia
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SEOUL, Aug. 1 (Xinhua) -- South Korea's consumer price rose 0.6 percent in July from a year earlier, staying below 1 percent for the seventh consecutive month, a government report showed Thursday.

The consumer price index stood at 104.56 in July, up 0.6 percent from a year earlier, according to Statistics Korea.

The consumer price inflation hovered below 1 percent for seven straight months since January. It marked the longest zero-range inflation since 2015.

Price for agricultural, livestock and fishery products slipped 0.3 percent in July from a year earlier, pulling down the overall headline inflation by 0.02 percentage points.

Industrial product price was unchanged in the month, but services price gained 1 percent, lifting the overall inflation by 0.56 percentage points.

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