The transportation sub-index of the CPI basket in South Korea increased to 103.58 points in December of 2019 from 103.12 points in November of 2019. CPI Transportation in South Korea averaged 71.65 points from 1985 until 2019, reaching an all time high of 112.54 points in April of 2012 and a record low of 27.63 points in February of 1985. source: Statistics Korea
CPI Transportation in South Korea is expected to be 100.39 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in South Korea to stand at 105.00 in 12 months time. In the long-term, the South Korea CPI Transportation is projected to trend around 109.45 points in 2020, according to our econometric models.