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Economic Report

Economic reports, briefs issued by Samsung Economic Research Institute

Consumer Prices Rise 0.3% in August

Consumer Prices Rise 0.3% in August

Sept. 9, 2013

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Consumer inflation slightly rose in August driven by agricultural, livestock and fisheries, and oil products. According to Statistics Korea, consumer prices inched up 0.3% month-on-month, accelerating from the previous month's 0.2% gain. From a year ago, prices increased 1.3%, marking the 10th consecutive month in the 1%-plus gain range.


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