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April consumer price 0.1% ↑… 0% in 4 months, lowest in 6 months
Eat out price 0.8% ↑… Stay 0% for 4 consecutive months
The sharp drop in international oil prices … Diesel (11.8%) gasoline (5.1%) below
In April, consumer prices fell to 0% in four months due to the impact of Corona19 and the fall in international oil prices.
Due to social distance, group travel expenses abroad and passenger car rental rates fell significantly, and diesel and gasoline prices also fell.
Due to the free high school policy, high school payments fell 64%.
Connect reporters. Reporter Oh In-seok!
As expected, prices have dropped significantly.
[기자]Yes, the rate of increase in consumer prices in April was only 0.1% higher than the same month last year.
Consumer prices have risen to 1% for the third consecutive month this year, falling to 0% in four months.
It is the lowest inflation rate in six months since it registered 0.0% last October.
The National Statistics Office analyzed that Corona 19 had an impact on consumer prices.
Group travel expenses abroad decreased 10.1% year-over-year, and passenger rental rates fell 16%.
Hotel accommodation rates also fell 6.8%.
As we refrained from going out, the demand for eating out decreased, so the price of eating out increased only 0.8% and remained at the 0% level for the fourth consecutive month.
On the other hand, as the demand for homemade rice increased, the price of livestock products such as beef, pork, and domestic eggs increased.
The sharp drop in international oil prices also affected consumer prices.
Light oil fell 11.8% and gasoline fell 5.1%.
Passenger car prices also fell 2.2% due to individual consumption tax cuts.
Furthermore, government policies, such as the expansion of the free secondary school system, also affected the drop in the prices of public services.
As free education expanded to the second year of high school, high school payments fell 64% and school meal expenses fell 35.8%.
The National Statistics Office analyzed that there will be upward and downward pressure on the price trend in the future.
In May, consumer prices are likely to drop further as international oil prices are still less reflected, but as corona diagnoses decrease19, consumption may increase, leading to higher inflation.
So far YTN Oh In-suk[[email protected]]Is.
