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Article: SOUTH KOREA'S COMMODITY PRICES UP FOR SIXTH MONTH IN JULY.
- Article from:
- AsiaPulse News
- Article date:
- August 17, 2007
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SEOUL, Aug 17 Asia Pulse - Commodity prices in South Korea climbed for the sixth straight month in July from a month earlier on rising crude oil costs, the central bank said Friday.
According to the Bank of Korea, the price index for raw materials and intermediate goods, an indicator of consumer inflation in the coming months, gained 0.4 per cent to 126.4 in July from the previous month. Compared with a year ago, the index rose 1.9 per cent last month.
Costs for raw materials advanced 2.7 per cent in July from the preceding month, marking the sixth consecutive monthly rise, as the ...