November consumer prices at 1.5% ↑...Slowed by 1% for 3 Months

[Anchor]
Consumer price growth remained stable around 1% for three months.

Oil prices fell sharply, dragging down overall prices.

However, vegetable prices have risen more than 10%, continuing an unstable trend.

I'm connecting with the reporter.

Reporter Oh In-seok, please tell me the details.

[Reporter]
Yes, the National Statistical Office reported that consumer price growth rose 1.5% in November from the same month a year ago.

Consumer price growth slowed to 1% for the third month after falling to 1.6% in September, down to 1.3% in October.

The core price food and energy exclusion index rose 1.9% and the living price index rose 1.6%.The fresh food index linked to

's 'table price' rose 0.4%, the lowest in 32 months since March 2022.

By item, oil prices fell 5.3%, pulling down the overall price by 0.22%p.

Gasoline fell 3.4% and diesel fell 10.4%.

Prices of agricultural, livestock, and marine products rose 1.0%, continuing a slowdown.

Until the first half of this year, the price of fruit, which had been "highly charged," fell 8.6%, while apples fell 8.9%.

On the other hand, vegetable prices jumped 10.4%, continuing the 10% increase for three consecutive months.

Price increases such as radish 62.5%, pumpkin 42.9%, and cucumber 27.6% were noticeable.

The National Statistical Office said the impact of sluggish crops caused by high temperatures in the summer still appears to remain, explaining that the rate of increase is gradually shrinking as weather conditions in the fall become favorable.

Prices for services rose 2.1%, while prices for personal services, including dining out, rose 2.9%, pushing overall prices up 0.97%p.

The government held a meeting of vice ministers on price relations presided over by the first vice minister of the Ministry of Economy and Finance and said that consumer price growth has continued to stabilize around 1% for three consecutive months, but that it will continue to make efforts to stabilize people's perceived prices as the accumulated high prices continue to make life difficult for ordinary people.

The government predicts that prices will continue to flow within 2% in the future unless there is a special shock.

I'm YTN's Oh In-seok.