South Korea's consumer price index rises

Seoul: South Korea's consumer price index rose 1.2 percent in August from a year earlier, staying in the 1 percent level for two straight months, a report by the statistical agency showed Monday.

The index of consumer prices advanced 1.2 percent in August from a year before, down from a 1.5 percent year-on-year gain tallied in the previous month, according to Statistics Korea. From a month earlier, the prices were up 0.4 percent, reported Xinhua.

Core consumer prices, which exclude volatile agricultural and oil product prices, rose 1.3 percent year-on-year in August, up from a 1.2 percent year-on-year advance in the previous month.

IANS