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South Korea's consumer prices rose 2.8 percent in October from a year earlier, remaining in the 2 percent range for a second consecutive month, Yonhap reports. The consumer price index (CPI) stood at 120.73, with processed food and petroleum products driving the increase, while agricultural product prices continued to decline despite elevated energy costs, according to data from the Ministry of Economy and Finance released on November 3. The Korea Times also reported the same 2.8 percent year-on-year rise, citing the ministry's data. Meanwhile, Business Korea noted that despite stronger growth outlook and robust exports, sentiment in economic news fell to a seven-month low, suggesting public mood has not matched the improving headline indicators.