Inflation started in earnest with a 6.0% rise in the fresh food index.
The Consumer Price Index of the National Statistical Office rose 3.6% in January, an increase of 3% for four consecutive months.
Agricultural and fishery products, which led the inflation, rose 6.3%, and agricultural products rose 4.6%. Livestock products rose 11.5% from the previous year in pork (10.9%), imported beef (24.1%) and eggs (15.9%).
Industrial products rose 4.2% and processed foods rose 4.2%, followed by government-controlled electricity rates (5.0%) and water supply (4.3%) rises, followed by a slight rise in city gas (0.1%) in January. predicted
Service price rises by 2.9% The price of dining out rises by 5.5%, and the cost of housing, Jeonse, rises by 2.9%, and monthly rent rises by 1.1%.
The Food and Agriculture Organization of the United Nations (FAO) announced on the 2nd that the World Food Price Index (FFPI) recorded 135.7 in December last year, the highest since 2011 when international food prices soared due to the 'Arab Spring' crisis.
The New York Times reported on the sharp rise in international food prices, saying, “After the corona crisis, the energy price surge was due to the global supply chain abnormality and abnormal climate phenomenon. reported on the 3rd.
Korean companies increased their export growth and included the soaring container price in their exports in many cases.
The FFPI, compiled by the FAO, is an index that combines five types of international transaction prices: grain, vegetable oil, dairy, meat, and sugar.
Utrana, a conflict between the US and Russia, is a wheat and corn producer and is directly related to natural gas traffic, which is expected to lead to inflation this year.
In the western advanced OECD countries, the year-over-year inflation rate in December last year was 6.6%, the annual inflation rate last year was 4.0%, and the previous 2020 rate of increase was 2.6%.
OECD member countries such as the US, UK, Japan, and other countries include their own housing cost in their price index, and Korea excludes a rise in the price of one-third of the price index.