Consumer prices have slowed by 1% for three months...The price of vegetables has risen by 10%.

2024.12.03. PM 7:17
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[Anchor]
Consumer price growth has slowed by 1% for three months.

The government predicts that inflation will continue within 2% unless there is a special shock.

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

Reporter Oh In-seok on the report.

[Reporter]
Consumer price growth, which has entered the 1% range since September, also hit 1.5% in November.

It has been slowing down by 1% for three consecutive months.

Excluding volatile food and energy, core prices, which show trending prices, rose 1.9%.

The increase in living prices consisting of items with high household spending was 1.6%.The fresh food index related to

'table prices' rose 0.4% to its lowest level in 32 months since March 2022.

Last month, prices stabilized around 1%, which was affected by a 5.3% drop in oil prices.

Gasoline fell 3.4% and diesel fell 10.4%.

Oil prices have been reduced from October due to some reductions in oil taxes and base effects.

Agricultural, livestock, and marine product prices have slowed to around 1% for the second month.

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.

The price increase was remarkable, including 62.5% of radishes, 42.9% of pumpkins, and 27.6% of cucumbers.

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.

[Kong Mi-sook / Statistics Korea Economic Trends Statistics Director: Vegetables rose 15.6% in October due to poor crop conditions or temperature problems, but the gain fell to 10.4% in November. So the previous month's expenses also fell.]

The government said the inflation rate has continued to stabilize around 1% for the third consecutive month, but it will continue its efforts to stabilize prices as the accumulated high prices continue to make life difficult for ordinary people.

He also predicted that prices will continue to flow within 2% in the future unless there is a special impact.

In the first 11 months of this year, the cumulative consumer price increase rate was 2.3%.

This is YTN Oh In-seok.

Reporter for shooting
: Jung Chul-woo

Video editing:Jung Kook-yoon

Design: Jeon Whee-lin


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