Inflation grows faster, stays over 3 pct for 3rd month in Oct.

Kim Bo-kyung, a senior official at Statistics Korea, holds a press conference at the government complex in Sejong, central South Korea, on Nov. 2, 2023, to announce that South Korea's inflation grew at a faster pace in October, staying above 3 percent for the third consecutive month, due to higher prices of energy and farm goods. Consumer prices, a key gauge of inflation, rose 3.8 percent last month from a year earlier, compared with a 3.7 percent on-year increase the previous month. (Yonhap)

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