Consumer Prices in Gwangju Region Rise by 2% for Six Consecutive Months

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Consumer prices in the Gwangju area have been rising at a rate of 2% for six consecutive months.

According to the 'Consumer Price Trends' announced by the Honam Regional Statistics Office on the 6th, the consumer price index for September was 108.49 (2015=100), marking a 2.8% increase compared to the same month last year.

The consumer price inflation rate recorded 0.9% in February this year, 1.6% in March, and rose to 2.5% in April, maintaining a level above 2% since then.

By item category, agricultural, livestock, and fishery products showed the most notable increase with a 2.9% rise compared to the previous month and a 3.8% increase compared to the same month last year.

Industrial products and services increased by 3.5% and 2.4%, respectively.

The living cost index rose by 0.9% compared to the previous month and by 3.7% compared to the same month last year.

Among the items comprising living costs, pumpkin (77.1%), perilla leaves (44.4%), lettuce (41.7%), cucumber (31.1%), and tomato (29.2%) saw significant price increases.

On the other hand, green chili peppers showed the most notable decline with a double-digit drop of 12%, followed by apples (-9.2%), grapes (-8.5%), juice (-5.7%), and bananas (-3.8%).

The fresh food index decreased by 1.2% compared to last year due to a decline in vegetable prices.

Fishery products rose by 6.9%, and fruits increased by 4.3%, but vegetables, mainly radish, napa cabbage, and carrots, fell by 11.5%.

This content was produced with the assistance of AI translation services.