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Agricultural and marine products 13.5% ↑… Radish 89.8%, Chinese cabbage 67.3% increase
Excluding agricultural products, prices also increased by 0.9% … 0.5% increase in service
According to the ‘Consumer price trend for September 2020’ published by the National Statistical Office on the 6th, the consumer price index last month was 106.20, 1.0% more than in the same period from last year. The consumer price index rose to the 1% level only six months after last March (1.0%).
The Exclusion Index for Agricultural Products and Petroleum, which represents the source price, rose 0.9% over the same period last year. The Food and Energy Exclusion Index, which is the basis of the OECD benchmark, also increased 0.6% compared to the same month last year.
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| September consumer price trend [자료=통계청] 2020.10.06 [email protected] |
The life price index, made up of 141 items with high frequency of purchases, rose 0.9%, in particular, the fresh food index, made up of 50 items such as vegetables and fruits, rose 21.5% compared to the same period last year. Fresh vegetables increased 34.9% over last year, and seafood and fruits also increased 6.8% and 16.1%, respectively.
By spending, food and non-alcoholic beverages increased 4.3% compared to last year, while housing, water, electricity and fuels (1.7%), other goods and services (0.5%) and clothing and footwear (0 , 1%) went up. On the other hand, food and accommodation (-0.1%), household goods and cleaning services (-0.9%), transportation (-0.5%), entertainment and culture (-1.0%) and education (-1.1%).
By category, products rose 1.5% compared to the same period last year and services 0.5%. Among products, agricultural and marine products rose 13.5% compared to last year, with radish (89.8%), Chinese cabbage (67.3%), tomatoes (54.7%) and green onions (40, one%). Industrial products fell 0.7% compared to the same period last year, and electricity, water and gas fell 4.1%.
Services were up 0.5% year-on-year. Rent was up 0.4 percent from last year and utilities fell 1.4 percent. Personal services grew 1.3%. In public service, urban bus rates (4.9%) and outpatient treatment rates (2.4%) increased, while rates for private services for apartment housing (5.8%) and insurance service rates (8.1%) increased.
Lee Doo-won, head of the inflationary trend at the Bureau of Statistics, said: “The sharp rise in prices for agricultural and fishery products due to the long rainy season and typhoons had an impact.” It has increased significantly, “he explained.
