Consumer Price Index CPI in South Korea decreased to 105.61 points in October from 106.20 points in September of 2020. source: Statistics Korea

Consumer Price Index CPI in South Korea averaged 50.33 points from 1965 until 2020, reaching an all time high of 106.20 points in September of 2020 and a record low of 2.63 points in January of 1965. This page provides the latest reported value for - South Korea Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Consumer Price Index (CPI) - values, historical data and charts - was last updated on December of 2020.

Consumer Price Index CPI in South Korea is expected to be 106.28 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in South Korea to stand at 107.47 in 12 months time. In the long-term, the South Korea Consumer Price Index (CPI) is projected to trend around 107.87 points in 2021 and 109.70 points in 2022, according to our econometric models.

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South Korea Consumer Price Index (CPI)

Actual Previous Highest Lowest Dates Unit Frequency
105.61 106.20 106.20 2.63 1965 - 2020 points Monthly
2015=100, NSA

South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 0.10 32.50 -0.40 percent [+]
Inflation Rate Mom -0.10 -0.60 5.29 -2.52 percent [+]
Consumer Price Index CPI 105.61 106.20 106.20 2.63 points [+]
Core Consumer Prices 105.69 106.18 106.18 9.61 points [+]
Core Inflation Rate 0.90 0.80 30.50 -0.40 percent [+]
GDP Deflator 105.26 103.39 106.91 0.74 points [+]
Producer Prices 102.92 103.42 107.95 5.03 points [+]
Producer Prices Change -0.60 -0.40 47.40 -4.70 percent [+]
Export Prices 92.51 94.99 202.14 17.87 points [+]
Import Prices 95.63 98.23 145.47 5.99 points [+]
Food Inflation 8.30 6.60 6434.02 -4.50 percent [+]
Inflation Expectations 1.80 1.80 4.60 1.60 percent [+]
Cpi Housing Utilities 103.54 103.23 104.11 31.61 points [+]
CPI Transportation 99.04 99.38 112.54 27.63 points [+]


South Korea Consumer Price Index (CPI)
In South Korea, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.