Korea’s consumer prices rise 3.7% in September

People shop at a supermarket in Seoul on Tuesday. [YONHAP]

Korea’s consumer prices rose 3.7 percent in September from a year earlier following a rise in global oil prices and agricultural products due to heavy rain and heat waves.   
 
The growth rate rose 0.3 percentage points from a month earlier, staying above 3 percent for two consecutive months after hovering at the 2 percent range in June and July.   
 
Core inflation, excluding volatile food and energy prices, rose 3.3 percent on year, down 0.1 percentage point from a month earlier.
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Consumer price growth has cooled after it peaked at 6.3 percent in July last year.   
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BY JIN MIN-JI [jin.minji@joongang.co.kr]