South Korea's November inflation rate was the highest for six months as prices for meat and manufactured goods rose, official figures showed Tuesday. Statistics Korea said the consumer price index rose 2.4 percent last month from a year earlier, accelerating from a 2.0 percent year-on-year increase in October. It was the fastest annual gain since May when prices rose 2.7 percent. Consumer prices in November rose 0.2 percent from a month earlier compared to the previous month's 0.3 percent decline month-on-month. 'Consumer prices grew mainly due to price hikes in livestock products and manufactured goods such as oil products and clothes,' the statistics agency said. 'Still, the overall price level remains in a stable phase.' Inflation hit a 10-year high of 5.9 percent in July 2008 due to soaring oil and commodity prices, but has been stabilising since then. The central bank last month increased its 2010-2012 target inflation range to between 2 percent and 4 percent, from between 2.5 and 3.5 percent for the previous three years. The move was intended to give it more opportunity to manage monetary policy flexibly and better cope with economic uncertainty. 