South Korea December inflation inches down, 2020 rate at 0.5%

SEOUL: South Korea's consumer prices rose 0.5% in December from a year earlier, slightly down from 0.6% in November and just below the market's expectations, government data showed on Thursday.

The average consumer inflation rate for the whole year inched up to 0.5% from a record low of 0.4% in 2019, matching the Bank of Korea's estimates, Statistics Korea data showed.