South Korea's consumer prices rose more than the targeted maximum four percent in December for a second straight month, highlighting persistent inflation pressures, official figures showed Friday.Statistics Korea said the consumer price index rose 4.2 percent in December year-on-year, the same as in November. The index was up 0.4 percent month-on-month compared with a 0.1 percent rise in November.Core inflation, which strips out volatile fuel and food costs, grew 3.6 percent from a year earlier, the largest rise for this year. It gained 0.4 percent from the previous month.
Source: http://www.bullfax.com/?q=node-ril-plans-borrow-2-billion-refinance-debt
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