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Korea's Consumer Prices Rise 2.8% in October
South Korea's consumer prices rose 2.8 percent year-on-year in October, remaining in the upper 2 percent range for the second consecutive month, according to data from the Ministry of Economy and Finance. Yonhap reports that while agricultural product prices declined, rising petroleum, processed food and dining-out prices pushed the overall index higher. The Bank of Korea expects consumer inflation to remain near 3 percent in November due to an upward trend in core inflation.
- Consumer prices up 2.8% in October, remain in 2% range for 2nd month
- (URGENT) Consumer prices up 2.8 pct in Oct., remain at 2 pct levels for 2nd month
- Korea's Consumer Prices Rise 2.8% as Government Rolls Out Kimchi Discounts
- BOK sees consumer inflation remaining near 3 pct in Nov.
- (2nd LD) Consumer prices up 2.8 pct in Oct., remain in 2 pct range for 2nd month
- (LEAD) Consumer prices up 2.8 pct in Oct., remain in 2 pct range for 2nd month
- Consumer prices up 2.8 pct in Oct., remain in 2 pct range for 2nd month
