Cost of food in South Korea increased 7.99 percent in July of 2022 over the same month in the previous year. source: Statistics Korea

Food Inflation in South Korea averaged 111.20 percent from 1970 until 2022, 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. 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 - values, historical data and charts - was last updated on August of 2022.

Food Inflation in South Korea is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Food Inflation is projected to trend around 2.40 percent in 2023 and 2.90 percent in 2024, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
South Korea Food Inflation

Related Last Previous Unit Reference
Inflation Rate 6.30 6.00 percent Jul 2022
Inflation Rate Mom 0.50 0.60 percent Jul 2022
Consumer Price Index CPI 108.74 108.22 points Jul 2022
Core Inflation Rate 4.47 4.41 percent Jul 2022
Core Consumer Prices 106.28 106.15 points Jul 2022
Food Inflation 7.99 6.54 percent Jul 2022
CPI Transportation 123.43 123.31 points Jul 2022
CPI Housing Utilities 106.80 106.84 points Jul 2022