Korean inflation ticks up 0.1 points to 5.7 percent in October
Inflation was 5.7 percent in October, the sixth consecutive month above 5 percent.The rate is up 0.1 percentage points from the month earlier. Core inflation, which excludes agricultural and energy prices, was 4.8 percent, the highest since February 2009.
The statistics agency cited the sharp increase in utility rates and individual service prices, including the cost of eating out and getting a hair cut, contributed to the continuing increase in consumer prices.
It noted that the slow growth of fish, meat and agricultural prices helped temper inflation.
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