SEOUL, March 3 (Xinhua) -- South Korea's consumer price rose 1.1 percent in February from a year earlier after gaining 1.5 percent in the previous month, statistical office data showed Tuesday.
The consumer price inflation stayed below 1 percent for the whole year of 2019, according to Statistics Korea.
Services price added 0.4 percent in February from a year earlier, marking the lowest since December 1999.
Eating-out cost was up 0.7 percent in the month, the lowest increase since January 2013. It came as the fast spread of the COVID-19 here discouraged people from doing outside activity.
Price for agricultural, livestock and fishery products rose 0.3 percent in February from a year earlier, while price for industrial products advanced 2.2 percent on expensive oil products.
Core consumer price, which excludes volatile agricultural and oil products, added 0.6 percent last month on a yearly basis.
The OECD-method core price, which excludes food and energy cost, was up 0.5 percent in the cited month.
The consumer price inflation stayed below 1 percent for the whole year of 2019, according to Statistics Korea.
Services price added 0.4 percent in February from a year earlier, marking the lowest since December 1999.
Eating-out cost was up 0.7 percent in the month, the lowest increase since January 2013. It came as the fast spread of the COVID-19 here discouraged people from doing outside activity.
Price for agricultural, livestock and fishery products rose 0.3 percent in February from a year earlier, while price for industrial products advanced 2.2 percent on expensive oil products.
Core consumer price, which excludes volatile agricultural and oil products, added 0.6 percent last month on a yearly basis.
The OECD-method core price, which excludes food and energy cost, was up 0.5 percent in the cited month.
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