South Korea Food Inflation

Cost of food in South Korea increased 2.60 percent in January of 2019 over the same month in the previous year. Food Inflation in South Korea averaged 119.45 percent from 1970 until 2018, reaching an all time high of 6434.02 percent in January of 1985 and a record low of -4.50 percent in February of 1987.

Food Inflation in South Korea is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in South Korea to stand at 2.60 in 12 months time. In the long-term, the South Korea Food Inflation is projected to trend around 2.90 percent in 2020, according to our econometric models.

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South Korea Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	0.80	1.30	32.50	0.20	percent	[+]
Inflation Rate Mom	-0.10	-0.30	5.29	-2.52	percent	[+]
Consumer Price Index CPI	104.24	104.35	105.60	2.63	Index Points	[+]
Core Consumer Prices	104.97	104.73	104.97	9.61	Index Points	[+]
Core Inflation Rate	1.00	1.10	30.50	-0.40	percent	[+]
GDP Deflator	113.94	111.35	113.94	0.79	Index Points	[+]
Producer Prices	104.09	104.63	108.97	5.08	Index Points	[+]
Producer Prices Change	1.00	1.50	47.40	-4.70	percent	[+]
Export Prices	82.95	83.80	168.80	14.92	Index Points	[+]
Import Prices	84.98	84.89	116.89	4.81	Index Points	[+]
Food Inflation	2.60	4.20	6434.02	-4.50	percent	[+]
Inflation Expectations	2.30	2.40	4.60	2.30	percent	[+]
Cpi Housing Utilities	101.96	102.22	102.40	31.61	Index Points	[+]
CPI Transportation	98.91	101.34	112.54	27.63	Index Points	[+]

This page provides the latest reported value for - South Korea Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Food Inflation - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.60	4.20	6434.02	-4.50	1970 - 2019	percent	Monthly	2010=100, NSA

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Country	Last		Previous	Range
Argentina	53.03	Jan/19	51.16	53.03 : 19.94	%
Australia	1.50	Dec/18	1.6	20.6 : -3.2	%
Brazil	4.21	Jan/19	4.04	5267 : -2.3	%
Canada	2.90	Dec/18	2.2	20.18 : -7.14	%
China	1.90	Jan/19	2.5	40.2 : -5.5	%
Euro Area	1.20	Dec/18	1.3	6.9 : -1.6	%
France	2.50	Dec/18	1.9	6.5 : -1.5	%
Germany	1.00	Dec/18	1.4	8.22 : -3.09	%
India	-2.17	Jan/19	-2.51	14.72 : -2.61	%
Indonesia	1.98	Jan/19	3.41	138 : -11.16	%
Italy	0.60	Jan/19	0.8	6.26 : -1.18	%
Japan	-1.10	Dec/18	0.5	31.6 : -3.7	%
Mexico	5.31	Jan/19	5.47	11.03 : 0.03	%
Netherlands	3.00	Jan/19	1	8.38 : -5.73	%
Russia	5.30	Dec/18	4	26.1 : -0.6	%
Saudi Arabia	1.40	Jan/19	7.1	7.7 : -4.3	%
Singapore	1.40	Dec/18	1.4	15.62 : -7.71	%
South Africa	3.00	Dec/18	3.4	15.6 : 0.6	%
South Korea	2.60	Jan/19	4.2	6434 : -4.5	%
Spain	0.90	Jan/19	1.3	7.2 : -2.75	%
Switzerland	0.80	Jan/19	1.5	6.81 : -4.58	%
Turkey	30.97	Jan/19	25.11	30.97 : 1.38	%
United Kingdom	0.90	Jan/19	0.7	13 : -3.3	%
United States	1.60	Jan/19	1.6	36.7 : -34.3	%