Agence France-PresseApril 30, 2013 21:00
South Korea's inflation slowed to 1.2 percent on-year in April, reflecting falling oil and vegetable prices, government data showed Wednesday.
The inflation rate was 0.1 percentage point down from a 1.3 percent on-year gain in the previous month, Statistics Korea said.
It remained at the subdued 1 percent level for a sixth consecutive month, well below the central bank's target band.
Core inflation, which excludes volatile oil and food prices, rose 1.4 percent on-year in April, down from a 1.5 percent rise in the previous month.