Consumer Price Index CPI in South Korea increased to 107.46 points in May from 107.39 points in April of 2021. source: Statistics Korea

Consumer Price Index CPI in South Korea averaged 50.91 points from 1965 until 2021, reaching an all time high of 107.46 points in May of 2021 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 June of 2021.

Consumer Price Index CPI in South Korea is expected to be 108.02 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 110.48 in 12 months time. In the long-term, the South Korea Consumer Price Index (CPI) is projected to trend around 111.77 points in 2022 and 114.01 points in 2023, according to our econometric models.

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South Korea Consumer Price Index (CPI)

Actual Previous Highest Lowest Dates Unit Frequency
107.46 107.39 107.46 2.63 1965 - 2021 points Monthly
2015=100, NSA

South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 2.30 32.50 -0.40 percent [+]
Inflation Rate Mom 0.10 0.20 5.29 -2.52 percent [+]
Consumer Price Index CPI 107.46 107.39 107.46 2.63 points [+]
Core Consumer Prices 107.42 107.14 107.42 9.61 points [+]
Core Inflation Rate 1.40 1.00 30.50 -0.40 percent [+]
GDP Deflator 106.21 104.42 107.28 0.74 points [+]
Producer Prices 108.50 108.06 108.50 5.03 points [+]
Producer Prices Change 6.40 6.00 47.40 -4.70 percent [+]
Export Prices 106.06 104.01 202.14 17.87 points [+]
Import Prices 112.41 109.23 145.47 5.99 points [+]
Food Inflation 7.40 8.10 6434.02 -4.50 percent [+]
Inflation Expectations 2.20 2.10 4.60 1.60 percent [+]
Cpi Housing Utilities 104.71 104.44 104.71 31.61 points [+]
CPI Transportation 104.82 104.77 112.54 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.