Consumer prices rose negatively in eight months.

The drop in international oil prices has had the biggest impact on oil prices, and the cost of public services has been partially affected by the free high school education.

According to the Consumer Price Trend of the National Statistical Office, the consumer price index in May was 104.71 (2015=100), down 0.3% from the same month last year.

In September of last year, the consumer price index fell 0.4% compared to the same month last year, and it was again negative after 8 months since it was the first negative ever.

The consumer price increase rate was less than 1% for 12 consecutive months last year, but rose to 1% in January-March this year, but fell to the early 0% level again in April as it began to reflect the aftermath of the Corona 19, and to negative in May. I went down.

By product characteristics, agricultural, livestock and aquatic products prices rose 3.1%, while industrial products fell 2.0%.

In particular, oil prices plunged 18.7% due to the drop in international oil prices.

Service prices rose 0.1% last month.

However, public services fell 1.9%.

Hyung-Jun Ahn, Economic and Statistics Statistics Officer, Statistics Korea, said, "The biggest cause of the decline in consumer prices in the past month was the drop in oil prices due to the drop in international oil prices, and the drop in public service prices due to the support of educational policies."

He said, "It is inappropriate to judge that the cause of the price drop is deflation because it is the supply side rather than the demand side."