When you go to the <Anchor> market, food prices continue to rise, but the overall rate of increase in consumer prices last month was negative in eight months. In the observation that it was an early phenomenon of deflation, the government lined up that it was only a temporary phenomenon caused by the drop in international oil prices.

Reporter Chan-Keun Park reports.

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Last month, the consumer price index was 104.71, down 0.3% from the same month last year.

This is the first time in history since it fell 0.4% in September of last year and recorded the first negative.

Oil prices fell 18.7% due to the plunge in international oil prices, down the overall consumer price by 0.8%.

Public service prices fell 1.9%, lowering the overall price by 0.27 percentage points.

In Daegu, high school first grade tuition waiver, municipal water and sewage fare reduction, etc. were affected.

Another concern is that Corona 19 can't rule out the possibility that deflation may have started after a negative price in eight months, with long-term and widespread demand declines.

[Kim Jeong-sik/Professor, Department of Economics, Yonsei University: Due to the economic recession of developed countries, our exports are decreasing, and people are buying more and not buying until they drop the price. .]

However, the government said that the fall in prices last month is due to temporary supply-side factors, and it is inappropriate to view it as deflation.

However, they are concerned with the psychological management of economic actors.

[Kim Yong-beom/Ministry of Strategy and Finance, First Minister: We will spare no effort to prevent policy from creating a vicious cycle that leads to delays in consumption and investment and slowing growth as vague concerns about price declines spread.]

Oil price increases and global supply chain difficulties, etc. The government explained that it is difficult to predict inflation in the future due to a mixture of factors of rising and falling prices.