Storm- News » Oil product prices gained 3.6 percent,

SEOUL Cheap Oliver Ekman-Larsson Jersey , Sept. 1 (Xinhua) -- South Korea's consumer price inflation hit the highest in over five years as heavy rain and heat wave increased vegetable prices, a government report showed Friday.


Consumer prices rose 2.6 percent in August from a year earlier, the highest increase since April 2012, according to Statistics Korea.


The sweltering heat and torrential rain during the summer season led to a 22.5 percent surge in vegetable prices last month, raising the overall consumer prices by 0.37 percentage points.


Prices for agricultural Cheap Derek Stepan Jersey , livestock and fishery products advanced 12.2 percent in August from a year ago due to higher vegetable prices. It lifted the headline inflation by 0.96 percentage points.


Oil product prices gained 3.6 percent, resuming an upward trend shown earlier this year.


Prices for industrial products, including oil products, rose 1 percent last month. It pulled up the overall consumer price inflation by 0.31 percentage points.




BEIJING, Aug. 31 (Xinhua) -- China's non-manufacturing sector expanded at a slightly slower pace in August Cheap Christian Dvorak Jersey , official data showed Thursday.


The non-manufacturing purchasing managers' index (PMI) came in at 53.4 in August, down from 54.5 in July, according to the National Bureau of Statistics (NBS).


A reading above 50 indicates expansion, while a reading below that reflects contraction.


"Though at a slower pace, the performance of China's non-manufacturing sector continues to maintain robust momentum Cheap Max Domi Jersey ," said NBS senior statistician Zhao Qinghe.


Zhao attributed the slower expansion to rainstorms and floods in certain regions that affected the construction industry.


The service sector, which accounted for more than half of the country's gross domestic product (GDP) last year, saw slower expansion in August, with the index standing at 52.6, down from 53.1 in July.


New business orders came in at 50.3 in August Cheap Anthony Duclair Jersey , up from 50.2 in July, staying above 50 for the fourth straight month.


The index for the construction industry, which was affected by extreme weather, dropped from 62.5 in July to 58 in August, according to the NBS.

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