China News Agency, Seoul, December 30th (Liu Xuwan Jiaxin) On the 30th local time, the Korean Statistical Office published "Consumer Price Trends for the Year 2022".
According to the data, South Korea's consumer price index (CPI) in 2022 will increase by 5.1% year-on-year to 107.71, the highest increase since 1998 (7.5%).
Specifically, the categories that recorded a large price increase were mainly frequently purchased commodities and daily necessities.
The prices of industrial products rose by 6.9% year-on-year, of which petroleum and processed food prices rose by 22.2% and 7.8% respectively.
The price of agricultural and sideline products rose by 3.8% year-on-year, and the price of water, electricity and gas rose by 12.6% year-on-year, the highest increase since the relevant statistics began in January 2010.
Prices for personal services rose 5.4 percent year-over-year, the highest since 1996 (7.6 percent).
South Korea's "Central Daily" reported that the South Korean government predicted that the trend of high prices in the first half of next year will continue, but will decline after entering the second half.
In addition, the Bank of Korea predicted in the report "Price Stability Target Operational Status Inspection" published earlier this month: "Consumer prices will continue to rise by about 5% in the short term." The "short term" mentioned by the Bank of Korea is usually three This means that until March next year, the price increase rate will reach about 5%.
The report quoted Kang Sung-jin, a professor of economics at Korea University, as saying: "There is still a gap between the Bank of Korea's price stabilization target (2%) and the price increase rate." "Even if prices gradually stabilize, the speed will be very slow." ."(use up)