Consumer prices increase over 3% for second month in March

Inflation worry: Shoppers are seen in Seoul, South Korea. Prices of industrial products added 2.2% in March in the country, driven by rising prices of clothing. — Bloomberg

SEOUL: South Korea’s inflation stayed over 3% for the second consecutive month in March on record prices of fruits and rising global oil prices, data show.

Consumer prices, a key gauge of inflation, rose 3.1% on-year last month, following a 3.2% increase the previous month, according to the data from Statistics Korea.