The Korea Herald
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[Graphic News] Mideast conflict raises living costs, service prices
The war in the Middle East has driven oil product prices up by more than 20 percent, with the impact spreading to service costs such as car repairs, laundry fees and airfares. According to the Ministry of Data and Statistics, the cost-of-living index rose 2.9 percent on-year in April, while personal service prices gained 3.2 percent. The cost-of-living index, based on 144 commonly purchased items, had remained relatively stable until earlier this year, but has recently accelerated toward the 3 p