SEOUL, June 4 (Xinhua) -- South Korea's consumer price rose 0.7 percent in May from a year earlier, hovering below 1 percent for fives months since January, a government report showed Tuesday.
It marked the first time since 2015 that the consumer price inflation stayed below 1 percent for five straight months, according to Statistics Korea.
Price for agricultural, livestock and fishery products gained 1.2 percent in May from a year earlier, raising the overall headline inflation by 0.09 percentage points.
Price for vegetable tumbled 9.9 percent last month, pulling down the inflation by 0.15 percentage points. The fishery product price shed 1.3 percent, dragging down the overall inflation by 0.02 percentage points.
Price for industrial products added 0.3 percent in May from a year ago, lifting the consumer price inflation by 0.09 percentage points.
Oil product price declined 1.7 percent last month, lowering the headline inflation by 0.08 percentage points.
Services price rose 0.8 percent in May, pulling up the overall inflation by 0.45 percentage points.