Consumer Price Index CPI in South Korea increased to 111.13 points in May from 110.80 points in April of 2023. source: Statistics Korea

Consumer Price Index CPI in South Korea averaged 50.31 points from 1965 until 2023, reaching an all time high of 111.13 points in May of 2023 and a record low of 2.49 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 June of 2023.

Consumer Price Index CPI in South Korea is expected to be 111.68 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Consumer Price Index (CPI) is projected to trend around 115.82 points in 2024 and 118.72 points in 2025, according to our econometric models.

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South Korea Consumer Price Index (CPI)

Calendar GMT Actual Previous Consensus TEForecast
2023-05-01 11:00 PM Apr 110.8 110.56 110.91
2023-06-01 11:00 PM May 111.13 110.8 111.3
2023-07-03 11:00 PM Jun 111.13 111.7

Related Last Previous Unit Reference
Inflation Rate 3.30 4.20 percent May 2023
Inflation Rate MoM 0.30 0.20 percent May 2023
Consumer Price Index CPI 111.13 110.80 points May 2023
Core Inflation Rate 4.32 4.61 percent May 2023
Core Consumer Prices 110.30 109.82 points May 2023
Food Inflation 3.87 5.00 percent May 2023
CPI Transportation 111.58 112.01 points May 2023
CPI Housing Utilities 112.76 112.18 points May 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
111.13 110.80 111.13 2.49 1965 - 2023 points Monthly
2020=100, NSA