South Korea's consumer prices rise 1.2% in October

 South Korea's consumer prices rose 1. 2 percent in October from a year earlier, marking the first rebound in four months, a government report showed Tuesday.
After staying at 1.7 percent in May and June, the consumer price inflation kept falling from 1.6 percent in July to 1.4 percent in August and 1.1 percent in September, Statistics Korea data showed.
The headline inflation slightly rebounded to 1.2 percent in October, but it stayed far below the Bank of Korea's inflation target band of 2.5-3.5 percent.
From a month earlier, the October consumer prices slid 0.3 percent after falling 0.1 percent in September.
Core consumer prices, which exclude volatile farm goods and oil products, increased 1.8 percent in October from a year earlier, marking the lowest in eight months.