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February consumer prices rose 1.1%… Best in 1 year

Looking at the consumer price trend of the National Statistical Office, the consumer price index last month was 107, up 1.1% from the same month last year.

This is the highest rate of increase since February of last year.

By item, the price of agricultural and livestock products rose by 16.2%, the highest in 10 years since 2011.

In particular, green onions rose 227.5% and apples 55.2% due to poor harvest, and eggs rose 41.7% due to avian influenza.

On the other hand, industrial products fell by 0.7%, and electricity, water and gas also fell by 5%.

The National Statistical Office explained that although prices of agricultural and livestock products and services have increased, the inflation rate has increased, but that inflation is not a concern.

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