SEOUL Michael Roberts Jersey , May 2 (Xinhua) -- South Korea's consumer prices rose 1.9 percent in April from a year earlier, hovering at a relatively high level on expensive crude oil, a government report showed on Tuesday.
The headline inflation, which stayed below 1.5 percent in 2016, rebounded above 2 percent in January, according to Statistics Korea. Since then Kenny Golladay Jersey , the inflation bobbed in and out of 2 percent for the next three months.
Costly crude oil led the accelerated inflation. Oil product prices advanced 11.7 percent in April, raising the overall inflation by 0.48 percentage points. Prices for gasoline and diesel jumped 9.5 percent and 14.1 percent each.
Prices for agricultural, livestock and fishery prices added 4.5 percent in April, after gaining 5.8 percent in the prior month. Livestock product prices rose 8.7 percent, but vegetable prices declined 6 percent.
Services prices picked up 2.2 percent, lifting the overall inflation by 1.21 percentage points.
Core consumer prices Jarrad Davis Jersey , which exclude volatile prices for agricultural and oil products, rose 1.3 percent. The OECD-method core prices excluding energy and food costs gained 1.5 percent, the lowest since December 2014.
The so-called livelihood prices, which include groceries and daily necessities influencing living costs, increased 2.5 percent. The prices stayed above 2 percent for three months to April.
Fresh food prices including fresh vegetables and fruits rose 4.7 percent last month, but it was the lowest increase since August last year.
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ZAGREB, March 16 (Xinhua) -- Croatian Hydrocarbon Agency (CHA) confirmed on Monday the exploration for oil and gas in Adriatic seabed would be postponed due to the need for consultations with neighboring countries.
The contracts, initially scheduled to be signed in April with five companies which have been awarded licences, were expected to be signed in June, CHA said.
Under the UN Espoo convention (EIA), Croatia should carry out a trans-border consultations with its neighboring countries Frank Ragnow Jersey , including Italy, Montenegro and Slovenia, to form the strategic ecologic feasibility study for starting exploration and exploitation activities in the Adriatic.
Neighboring countries should send their comments and suggestions on the feasibility study within a reasonable time, initially scheduled for late March.
Croatia issued an international tender for exploration and exploitation of gas and oil in the Adriatic seabed in April 2014 and received offers for 15 exploration areas, out of 29, ranging between 1 Marvin Jones Jr Jersey ,000 and 1,600 square kilometres each.
Croatia awarded 10 licenses to Consortium of U.S. Marathon Oil, 7 to Austrian OMV and 2 to Croatian-Hungarian INA. Italian ENI and British Medoilgas got one licence respectively in January 2015.
Croatia would collect around 55 percent of all earnings, while investors would collect the remaining 45 percent, according to CHA.
Croatian Minister of Economy Ivan Vrdoljak said that there is a potential of 3 billion barrels of oil in the Adriatic Sea. Some experts supported this assessment, while others warned that it was hard to tell before first exploration and exploitation activities start. (1 U.S. dollar = 7.17 Croatian kuna)
QINGDAO Darius Slay Jr Jersey , May 28 (Xinhua) -- A Haier Group refrigerator factory in Russia has rolled out its 100,000th product, one year after the plant was launched.
Haier, the leading household appliance maker in China, opened a 24,000 square meter plant in the Tatarstan Republic in April 2016 with an investment of 50 million U. S. dollars.
The factory mainly produces air-cooled frost-free refrigerators Matthew Stafford Jersey , and has 500 staff.
The group has adapted the design of its products in accordance to local demand, including energy-efficient high-capacity refrigerators, which are around two-meters-tall.
The plant has also lowered the shipping time and cost to central Asian countries. Previously, it would take a month to transport the products from