Korea's food price inflation rate ranks in OECD's top three for third straight month

Published on 12 Jan 2017, 5:16
한국 식료품 물가 상승률 3개월 연속 OECD 톱3
Korea's inflation rate for grocery prices has ranked in the top three among the 34 countries of the OECD for a third straight month.
According to OECD data, Korea's inflation rate for grocery prices was four-point-five percent in November from the year before,... which is the third highest after Mexico and Japan.
Korea came in second in October, with a rate of five percent, and was first in September, at five-point-six percent.
The food price increases were mainly attributed to the higher costs for agricultural products, after the scorching heatwave and drought last year.

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